Markets once again at 9900

Bangalore Investors Forum (BIF) Core Group

We are happy to announce the first meeting of BIF Core group on 23 July (Sun) at 6.10 pm at Jain College Auditorium off J.C.Road.

All are cordially invited regardless of prior registration. The final list of provisional members will be drawn at the end of the day on 23 July after full discussion.

The Core group will meet once in fifteen days on a predetermined day and time.

The meeting agenda is discussing short term and long term investment, technical analysis, research to find and fine tune techniques to improve profitability,  to spread awareness and positivity towards capital markets to our kith and kin so that they will also benefit financially and plan their major events in life.

The duration of meeting will be 60 to 90 mins.

Eligibility to become Core Group Member :

** The core group members are expected to have high degree of commitment and dependability for the cause of spreading awareness.

They should also spread awareness of capital markets by writing articles, blogs, in social media.

** One of the main criteria for selecting core group members is that they should be our Stock Market Workshop graduates who have already invested in stock markets for sufficient duration and already have benefited from their investment.

** The applicants of the core group must be members of Bangalore Investors forum. They must be active investors in stock markets.

To be selected they must bring their documentary proof of their investment by bringing their demat account holdings statement.

Total number of  members is 50. Initially, members will be given provisional membership and will be made permanent members only after completing their assignments.

Six months later they will be awarded the certificate of permanent membership based purely on their performance and commitment towards the cause of capital markets.

The enrollment to core group will be only on selection basis after receiving the completed applications forms during the next meeting

Please note that Core Group Membership is Free (no membership fees).

Next meeting is on 23 July at 6.10 pm at Jain College auditorium off J C Road. If you come at 4.45 pm, you will have the pleasure of meeting the participants who are about to join the next workshop in August.

To be a part of the BIF Core Group, you need to send us an email on subject core group with your details stating participation in meeting on 23 July and be present on that date to submit your application for being Core Group Member.


Blog meant for 20 July 2017 Thursday

Dear friends,

Markets recovered well today after yesterday’s fall. Nifty rose by 72 points to close almost exactly at the 9900 mark.

Global cues are all marginally positive. We have to see whether markets have the momentum to rise further and reach the 10000 mark soon or it will fluctuate in next few days and then pick up to touch the 10000 mark.

As per technical analysis, Nifty is in Hold zone. The indications for individual stocks for short term are –

THE HOLDS ARE – DIVISLAB,  Maruti, Yes Bank, Reliance, Infosys, ACC, LUPIN,  SBI,  L&T, HDFC Bank, HDFC, Axis Bank, Titan, Asian Paint

Buy – TCS

Wait to Buy – M&M,

Don’t Buy –  ITC

Hope long term investors are not missing monthly investments thinking that prices have become high. If your time horizon for investing is 10 years or more, then this level will not matter even if you invest at such a level since you are making regular investments at all levels of the market.


Question of the Day

Question – Is it better to invest in Tax Savings Mutual Funds (ELSS) through SIP or invest lumpsum at end of year?


This is a very good question and this is one of the common mistakes that people make regarding tax saving instruments.

If you are investing in ELSS as part of your 80C investments, it is better to invest right from the beginning of the year on SIP basis so that you are not forced to invest a lumpsum amount at the end of the Financial year around February or March. For your bad luck, if the markets are high in Feb or March, then you will not have any option but to invest to save tax and thereby your purchase price of the funds will be high.

Right from April of every year, invest in ELSS on SIP basis so that you will get the benefit of averaging of your purchases and hence not one particular level in the market.

If you have not yet started regular investing in ELSS, then you can start from this month so as to benefit from the above averaging of purchase cost.

All the best!

Dr.Bharath Chandra & Rohan

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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