Weak global cues

Dear friends,

Markets were weak on Monday due to weak global cues. It is likely to be weak on Tuesday too due to negative global cues.

European and US markets have closed negative on Monday evening. Even the Asian markets look like they are negative on Tuesday morning.

Nifty is in Hold zone for short term.

The indications for individual stocks for short term only are –

DON’T BUY ZONE – VEDANTA, ITC, HDFC, TITAN, AXIS BANK, YES BANK, ASIAN PAINT, HINDALCO

HOLD ZONE– INFOSYS, SBI, M&M, MARUTI, RELIANCE INDUSTRIES, TCS

SELL ZONE– HDFC BANK

No fresh buy indications as of now for short term.

Only buy for long term as per your original plan.

All the best!

Dr.Bharath Chandra & Rohan

 

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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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