No particular direction for markets

BLOG MEANT FOR 22 JUNE 2018 FRIDAY

Dear friends,

Nifty was weak today as it closed 30 points lower. European and US markets are all negative tonight.

So our markets are not having much positive cues as of now.

Nifty is in HOLD zone for short term.

The indications for individual stocks for short term only are –

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

HOLD ZONE –MARUTI, RELIANCE INDUSTRIES, TCS, INFOSYS, HDFC BANK

BUY  ZONE- HDFC (as per technical analysis rules, it’s a buy indication, but since markets have been quite volatile, it’s not a sure opportunity. Buy only if you have risk appetite. Otherwise ignore it)

WAIT TO SELL ZONE – SBI, M&M

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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