Blog meant for 1 June 2018 Friday
Dear friends,
Strong rally today for Nifty today as it closed 122 points higher. Markets were quite flat until the last one hour when it rallied and closed above 10700 mark. European markets have closed negative tonight and US markets are trading slightly higher as of now.
Nifty is in Buy zone for short term.
The indications for individual stocks for short term only are –
DON’T BUY – TITAN, VEDANTA, RELIANCE INDUSTRIES, HDFC, ITC, MARUTI
HOLD – ASIAN PAINT, INFOSYS, SBI, HDFC BANK, AXIS BANK, M&M, YES BANK
WAIT TO SELL – TCS
SELL – HINDALCO
Long term investors can continue to invest every month regularly.
Read the blog regularly for updates. Many times we get emails about things which are discussed in the blog in detail but not read by the participants.
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