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Blue-Chip are the stocks of those companies which have been in the business for years, well-reputed, are fundamentally strong companies and have been showing consistent performance for years now.

Preliminary agreement to raise the U.S. debt ceiling boosted blue chips above the 50-day moving average, but gains were capped by the 250-day moving average level.

Niveza #Review on Following Stocks:: Stocks such as Eicher Motor, Jyothi Labs, TCS are not attractively valued at the moment, these are the typical blue chips which can give around 10-15% returns over a year, if bought on declines. So investors should not rush to buy such highly valued stocks.