BLOG MEANT FOR 2 JULY 2018 MONDAY
Dear friends,
Nifty bounced back higher on Friday after falling on Thursday. Nifty closed 125 points higher. Asian and European markets closed positively on Friday. US markets closed flat on Friday.
We have to see how Asian markets open tomorrow. As of now, it is looking like markets may open slightly flat.
Nifty is in JUST BUY zone for short term.
The indications for individual stocks for short term only are –
DON’T BUY ZONE – ASIAN PAINT, AXIS BANK, SBI
HOLD ZONE – TCS, INFOSYS, HDFC BANK, HDFC
WAIT TO SELL ZONE – M&M
WAIT TO BUY ZONE – VEDANTA, ITC, TITAN, HINDALCO,
JUST BUY ZONE – YES BANK, MARUTI, RELIANCE INDUSTRIES (they are showing Just buy indication as per the graph. You can buy for short term but ensure that you are alert on market movement once you buy since markets have been little volatile in last few days)
Long term investors can continue to invest regularly every month. Do not miss it.
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All the best!
Dr.Bharath Chandra and Rohan
