Wednesday, October 31, 2018

Oct 31st. Last day of Month.

I still see today as a buy and some strength seen. My month start prediction of sell on Nifty has come true. Nifty began at 10930 and will probably end today 102xx.

Rupee is weakening again and will give strength to stocks today.

1. TCS and Infy are a buy. Week started as a reaction buy but I wasn't sure but now it is. I do not see any collapse in them yet. Might see some 5-10% up. We have to see. Both of the month start sells have come true.

2. Coal India is still directionless but showing some sell, need more confirmation.

3. Hindustan Lever showing a short Buy but is still a loger term sell.

4. Godrej Consumer a trend change this week, lets see but may be up today.

5. TATA Motors reaching a localized high. No major buy yet.

6. Sugar stocks have reached a high and should fall now. Long term trend is still buy so fall a good time to buy it.

7. Deepindustries a good buy.

8. Yes Bank should show minor weakness.

9. Assamco and Starpaper a buy.

10. Navkarcorp small buy.

11. Vsttiller a sell for now.

12. Bajajfinance, Ashokleyland and Heromotors directionless.



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