Weak global cues

Blog meant for 28 Feb 2018 Wednesday

Dear friends,

Slight consolidation for markets today. Nifty fell by 28 points to close at 10554. Global cues are negative in most markets today and hence it could affect our markets tomorrow too.

The analysis for Short term as per technical analysis is as follows:

Nifty is in Don’t Buy zone.

The indications for individual stocks for short term are –DON’T BUY – HINDALCO, ASIAN PAINT, TITAN, MARUTI, M&M, SBI, YES BANK, AXIS BANK, ITC, HDFC BANK, HDFC

HOLD – VEDANTA, Reliance Industries, Infosys, TCS

There are no fresh buy indications for short term.

Long term investors can continue to buy bluechips on monthly basis.


All the best!

Dr.Bharath Chandra and Rohan

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(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)

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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