Blog meant for 5 April 2017 Wednesday
Dear friends,
Stock Markets were closed today on account of Ram Navami.
Huge rally for Nifty on Monday in the first day of the New Financial Year. Nifty rose by 64 points to close at 9238 which is a record high. Global cues are mixed and somewhat flat.
The indications for short term are –
THE HOLDS ARE – RELIANCE, L&T, HDFC, ITC, SBI, HDFC BANK, ASIAN PAINT, TITAN, BHEL
Buy – MARUTI (It showed Just Buy indication yesterday and went up today. It is in Buy or Hold zone. If you bought today morning you can hold it. If you did not buy, you can still buy tomorrow provided you have risk appetite)
Sell – INFOSYS
Wait to Buy – AXIS BANK
Don’t Buy – TCS, DIVISLAB, M&M, ONGC, LUPIN
Markets are at life time high. But do not ignore monthly investments for long term. If you have a time horizon of 10 years plus, stopping to invest when markets are high or low will result in less wealth at the end of your investment period.
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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