Still hold for Short term

Blog meant for 1 Aug 2017 Tuesday

Dear friends,

Nifty continued the uptrend and rose by 62 points to close at 10077. Global cues are mixed tonight and we have to see if markets experience profit booking or it continues to stay strong.

As per technical analysis, Nifty is in Hold zone. The indications for individual stocks for short term are –

THE HOLDS ARE – Maruti, Yes Bank, Reliance, ACC,  SBI, HDFC Bank,   TCS, HDFC, Infosys, Asian Paint, M&M,  L&T,  Titan

Buy – Axis Bank

Don’t Buy – ITC, LUPIN, DIVISLAB

Observe markets carefully since there is chance of profit booking any time.

All the best!

Dr.Bharath Chandra & Rohan