Quiet day today – rally becoming weak

Blog meant for 23 May 2017 Tuesday

Dear friends,

Nifty was quite volatile today as it swung from positive to negative throughout the day. Global cues are mixed and no clear direction.

As per 30 days moving average, Nifty is in Hold zone.
The indications for short term for individual stocks are as follows –

THE HOLDS ARE – L&T, HDFC BANK, MARUTI, TCS, INFOSYS, ITC

Sell – M&M

Wait to Sell – SBI, ASIAN PAINT

Wait to Buy – Axis Bank, Titan,

Don’t Buy –  LUPIN, DIVISLAB, BHEL, Reliance, ONGC,  HDFC

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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