Profit booking today

Blog meant for 3 March 2017 Friday

Dear friends,

Profit booking by investors and weak global cues pushed markets lower today. Nifty fell by 46 points to close below the 8900 mark. Markets just cooled off today after 2-3 days of rally. Hopefully, markets resume their uptrend soon.

The indications for short term are –THE HOLDS ARE – TITAN, HDFC BANK, BHEL, M&M,  TCS, Infosys, RELIANCE, AXIS BANK, ASIAN PAINT, HDFC

WAIT TO SELL – DIVISLAB, L&T

SELL – SBI, ITC

DON’T BUY –  ONGC, MARUTI, LUPIN

Long term investors can continue to invest as per their plan to achieve their goals in life. Every now and then such as once in 2-3 months, just check the fundamentals of the company and see whether the business of the companies you have invested in are as per the usual uptrend. Regular monitoring will ensure that you aware of what is happening to your investments and also ensure that you are on the right track.All the best!Dr.Bharath Chandra

About the author

Dr. Bharath Chandra

Hi there! This is Dr. Bharath Chandra & Rohan, International Trainers & Success Coaches. We have addressed more than a crore people on Stock Market, Personality Development, Wealth Management and Financial Planning over the past 35 years.

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