BLOG MEANT FOR 4 SEPTEMBER 2018 Tuesday
Dear friends,
Profit booking for markets today as Nifty fell 98 points to close at 11582. Asian markets were weak today and European markets are mixed and US markets are marginally higher as of now.
Nifty index is in Hold Zone for Short term.
The indications for individual stocks for short term only are –
HOLD ZONE – ITC, AXIS BANK, SBI, TCS, HINDALCO, INFOSYS, VEDANTA
DON’T BUY ZONE – HDFC BANK, ASIAN PAINTS, YES BANK, HDFC, MARUTI
WAIT TO SELL – RELIANCE INDUSTRIES, M&M
BUY – TITAN (it is showing a Buy indication for short term. However, it is risky to buy since other individual stocks and showing a downtrend. Buy only if you have risk appetite).
Long term investors can continue to invest as per plan every month.
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All the best!
Dr.Bharath Chandra and Rohan
(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)
