Slight consolidation

Blog meant for 21 Dec 2017 Thursday

Dear Friends

Slight fall in Nifty by 18 points today. Since markets are at a high level, consolidation can take place any time.

Tonight, the global cues are slightly weak.

Do not buy any stocks freshly for short term.

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

Nifty is in Hold zone. The indications for individual stocks are –

THE HOLDS ARE- MARUTI, INFOSYS, TITAN, M&M, HDFC Bank, ITC, AXIS BANK, VEDANTA, YES BANK, HINDALCO

THE DON’T BUYS ARE – ASIAN PAINT, TCS, SBI

SELL – HDFC, RELIANCE

Long term investors who are investing on monthly basis should continue to do so in the bluechips companies.

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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