Still some stocks are in Hold zone

Blog meant for 3 April 2017 Monday

Dear friends,

Totally flat closing for the Nifty on Friday. Global cues are mixed and hence tomorrow it depends on how Asian markets open.

The indications for short term are –

THE HOLDS ARE –  RELIANCE, L&T,  HDFC, ITC, SBI, HDFC BANK, ASIAN PAINT, TITAN

Just Buy –  MARUTI (It has just gone above the red line. You can buy tomorrow or wait for another and then decide depending on whether you have risk appetite).

Wait to Sell – BHEL, INFOSYS

Don’t Buy – AXIS BANK, TCS, DIVISLAB, M&M, ONGC, LUPIN

Long term investors should continue to invest every month irrespective of the level of the markets.

All the best!

Dr.Bharath Chandra