BLOG MEANT FOR 26 JUNE 2018 TUESDAY
Dear friends,
Very Weak global cues pushed our markets lower. Nifty fell by 59 points. But as of now, European and US markets are down 2 to 3 percent. It’s likely that Nifty may open quite weak tomorrow if these global cues continue.
Nifty is in HOLD zone for short term.
The indications for individual stocks for short term only are –
DON’T BUY ZONE – VEDANTA, ITC, TITAN, ASIAN PAINT, HINDALCO, AXIS BANK, YES BANK
HOLD ZONE –RELIANCE INDUSTRIES, TCS, INFOSYS, HDFC BANK, M&M, HDFC
WAIT TO SELL – MARUTI, SBI
All the fluctuations in short term should not affect the long term investors who invest regularly every month.
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All the best!
Dr.Bharath Chandra and Rohan
