BLOG MEANT FOR 6 JULY 2018 Friday
Dear friends,
Marginal fall for Nifty today. It closed 20 points lower. However, European and US markets are all positive tonight.
Nifty is in HOLD zone for short term.
The indications for individual stocks for short term only are –
DON’T BUY ZONE – AXIS BANK, SBI, HINDALCO, VEDANTA, TITAN
HOLD ZONE – TCS, INFOSYS, HDFC, MARUTI, ASIAN PAINT, HDFC BANK
SELL ZONE – RELIANCE
BUY ZONE – M&M
TOO LATE TO BUY / HOLD ZONE – YES BANK, ITC (Both of the stocks went up a lot today and hence it is too late to buy since it has gone very high compared to red line)
Long term investors should continue to invest every month regularly.
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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)
