Quarterly results of companies may affect market direction

Blog meant for 13 April 2017 Thursday

Dear friends,

Nifty closed 34 points lower but still managed to closed above the 9200 mark. There has been no improvement in the global cues from many days. Majority of the majority are still in negative territory.

THE HOLDS ARE –  RELIANCE, L&T, SBI, HDFC BANK, TITAN, BHEL, ASIAN PAINT,  ITC

Wait to Sell – HDFC, MARUTI, AXIS BANK

Don’t Buy – TCS, DIVISLAB, ONGC, INFOSYS, LUPIN, M&M

There could be weakness or uncertainty over how the quarterly results of the companies may be this time.

However, as a long term investor, you can continue as per your plan to invest every month on a particular date. Do not stop investing for long term thinking about any short term reasons.

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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