BLOG MEANT FOR 6 AUGUST 2018 Monday
Dear friends,
Nifty resumed the uptrend on Friday as Nifty went up 116 points to close at 11361. Global cues were strong in Europe and US markets closed marginally higher.
Nifty is in HOLD zone for short term.
The indications for individual stocks for short term only are –
JUST BUY – VEDANTA (It is showing Buy indication for short term since it has crossed the red line. However, only if you are ready to bear some risk and are ready to face some loss if the price falls)
BUY – M&M
WAIT TO BUY – HINDALCO
HOLD ZONE –INFOSYS, ASIAN PAINT, RELIANCE INDUSTRIES, ITC, AXIS BANK, SBI, TITAN, TCS
DON’T BUY ZONE – HDFC BANK, MARUTI
TOO LATE TO BUY / HOLD – HDFC, YES BANK
However, the above indications are for short term trades only.
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)
