Still many stocks in Hold or Buy zone

Blog meant for 24 Jan 2017 Tuesday

Dear friends,

Nifty had a volatile but positive day as it closed 42 points higher. There was no negative impact due to the US President’s announcement on Friday. However, global cues are not positive and the same kind of cues may be for our markets too.

All eyes will be on the Budget which the Government will be presenting in Parliament on Feb 1. As usual, people are having a lot of expectations from it and we have to wait and see what the Government does to revive the economy.

The indications for short term are –

THE HOLDS ARE-   ITC, MARUTI, TITAN, HDFC BANK, ASIAN PAINT

THE DON’T BUYS – DIVISLAB,  RELIANCE, M&M, AXIS BANK

WAIT TO SELL –L&T, BHEL

JUST BUY – ONGC, TCS, SBI, LUPIN

BUY – HDFC

(Since markets were positive yesterday, some of the stocks have entered Buy or Just Buy zone. The Just Buys can be bought if you have the risk appetite. Otherwise, wait and watch for another day and then decide to Buy or not based on the indication).

The last few days to register for the How to Start a New Business Workshop in Bangalore in Kannada to be held on 28 & 29 Jan (Sat & Sun). If you or your friend would like to register, please contact 9632443333 or email successdigest@gmail.com for details. This Workshop is usually conducted only once in 6 months. Hence, do not miss it.

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.

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