Slight recovery for Markets

BLOG MEANT FOR 7 SEPTEMBER 2018 Friday

Dear friends,

Nifty closed 60 points higher today after many days of negative closes. However, the global cues continued to be weak today too. Asian, European and US markets are negative.

Nifty index is in Hold Zone for Short term.

The indications for individual stocks for short term only are –

HOLD ZONE – AXIS BANK, TCS, HINDALCO, INFOSYS, ITC, VEDANTA, RELIANCE INDUSTRIES

DON’T BUY ZONE – HDFC BANK, ASIAN PAINTS, YES BANK, MARUTI, SBI, M&M, TITAN

WAIT TO BUY ZONE – HDFC

Long term investments should be continued as usual without worrying about the short term fluctuations.

Please watch the following video on Power of Compounding – https://www.moneycontrol.com/news/business/personal-finance/money-wise-with-smart-alex-how-the-discovery-of-compounding-sets-pratik-on-the-road-to-recovery-2922991.html

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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)

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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