Blog meant for 6 April 2017 Thursday
Dear friends,
Nifty had a marginally positive day today. However, some of the individual stocks went up by 3-4% and hence it was generally good day for markets.
The indications for short term are –
THE HOLDS ARE – RELIANCE, L&T, HDFC, ITC, SBI, HDFC BANK, ASIAN PAINT, TITAN, BHEL, MARUTI
Buy – AXIS BANK
Wait to Buy – M&M, LUPIN
Don’t Buy – TCS, DIVISLAB, ONGC, INFOSYS
Since markets have been touching new highs everyday recently, do not get carried away by it. At such times, even companies with bad fundamentals may go up. However, let us just stick to bluechips companies for long term. If and when markets fall and correct prices, the smaller companies usually fall more than the bluechips.
Always remember that in the short term, markets fluctuate a lot but in the long term, the stocks that give consistent returns are the ones which have good fundamentals and track record.
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.
View all posts