Nifty marginally higher today

Blog meant for 29 September Friday 2017

Dear Friends,Nifty saw a weak start to the day but finally closed marginally higher at 9769, up 33 points.

Since today was the expiry date of the Futures & Options contracts for September, the markets were volatile and finally closed little stronger than morning.

We have to see whether the downtrend which has been there in our markets since last one week continues in the October month.

Global cues are all relatively quiet in Europe and US markets and it will be interesting to see how Asian markets open tomorrow.

The technical analysis is as follows for short term –

JUST BUY – MARUTI, HDFC BANK (Although as per the graph, it is showing a Just Buy indication, since Nifty index is in Don’t Buy zone, we can wait for another day to see which direction the market and these two stocks go and then decide whether to buy or not).





Bangalore Investors Forum (BIF)

The next Bangalore Investors Forum Session is on 01 Oct (Sun) at 6.10 pm at Jain College, Off JC Road, Bengaluru. It is NOT on Oct 15 as may have been mentioned earlier.

Kindly carry your BIF ID Cards while coming. Entry only by showing the ID cards.

Also, please report at the venue by 5.45 pm itself. Late comers are not welcome. Kindly excuse.


Dr.Bharath Chandra & Rohan

Please do not comment on the blog. Any questions or clarifications can be asked by sending us an email with your registration number given to you during the Workshop. Questions without quoting registration number will not be answered.

(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.

View all posts