BLOG MEANT FOR 24 JULY 2018 Tuesday
Dear friends,
Good rally for markets today. Nifty went up strongly, up 75 points at 11085. Many individual stocks also went up significantly today due to the rally.
European markets have all closed negative tonight and the US markets are trading marginally positive as of now.
Markets have been volatile but somehow managing to stay positive to rise closer to all time highs.
Nifty is in HOLD zone for short term.
The indications for individual stocks for short term only are –
DON’T BUY ZONE – VEDANTA, HINDALCO, TITAN
HOLD ZONE – TCS, INFOSYS, HDFC, MARUTI, ASIAN PAINT, HDFC BANK, YES BANK, RELIANCE INDUSTRIES, ITC, AXIS BANK
WAIT TO BUY – M&M
JUST BUY – SBI (can be bought for short term if you have risk appetite. However, ensure that you monitor once bought since markets have been very volatile)
Long term investors must continue regular SIP investments in Stocks.
All the best!
Dr.Bharath Chandra and Rohan
(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)
