Amrita Credit & Shares Limited

Nifty will be positive after european market opens. There will be slight dip in gross domestic product of India due to demonetization, but government must speed up the reform. Stay invested in best blue chip companies and it will gain.

Federal Reserve has kept the interest rate unchanged due to Britain exit policy from European Union.  The Dow Jones Industrial average index and its shares were in good and profitable position, but late ended up in a loosing side. So this gives a clean indication that Indian Nifty will be opening in green and ending up in Red. So investors please be cautious or remain calm tomorrow. S&P 500 increase 1.34% and ended in red now. Apart from that United States will be giving less employment to people and still in recession, so kept the interest rate same. Tomorrow if you are looking for a short term gain please trade in ONGC, Petronet, IOC, and other oil companies. this will gain as Crude has gone above $50 per barrell. Trade in Oil Companies for half a day

Indian Shares are going for a roller coaster as Blue Chip Company shares have achieved the target. Companies like Infosys, TCS, Sun Pharma, Mahindra & Mahindra, Dr. Reddy, Maruti Suzuki, Larsen Tourbo, Yes Bank, Kotak Mahindra have already achieved the target. The best thing you can do is profit booking ie., sell all these shares and go for mid-cap 100 shares and Nifty PSU shares. This is just going to move forward. My idea is not to buy and keep the shares for long, but only trade. Trade for about movement of .15 paise to .25 paise and gain from it. The recommended companies are: Crompton Greaves, JSW Energy, Sail, Jindal Power, Bank of Baroda, IOB, Punjab National Bank, Bank of India, India Overseas Bank, etc. Indian Shares Are Going For a Fall......