RBI decision awaited tomorrow

Blog meant for 6 Dec 2017 Wednesday

Dear Friends,

Another flat day for Nifty. It closed 10 points lower. Global cues are negative in Europe and slightly positive in US.

Tomorrow, RBI will be deciding whether to keep interest rates same or will it change. Market direction will depend on the decision tomorrow.

The analysis for short term as per technical analysis is as follows:

Nifty is in Don’t Buy zone.

THE HOLDS ARE-  MARUTI, TITAN, INFOSYS

THE DON’T BUYS ARE- VEDANTA, HINDALCO, ITC, ASIAN PAINT, TCS, Kotak Mahindra Bank, HDFC, RELIANCE

WAIT TO BUY – YES BANK, SBI

SELL – HDFC BANK, M&M, AXIS BANK

All the best!

Dr Bharath Chandra and Rohan

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(The above comments are only the personal views of the authors of this blog. Please do your own research before taking any investment decisions. The reader of this blog must understand and take full responsibility for the Profit or Loss made by taking actions based on the above views)

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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