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Moneycontrol.com >> Message Board >> View Messages >> Market Analysis - Technical View
   You are here :     Moneycontrol     MMB    Market View      Market Analysis - Technical View                         Most active discussions of 2006 , 2007 & 2008
Last bull breathe in a bear market (3)   23-Jul-08 23:03Tracked by (0)  
Posted by:   insureorinvest on ( 23-Jul-08 23:03 )
Dear All

We are writing on this board after a long gap but hope this message shall be read by all concerned and really looking for good solid advice

We consider the current rally in our markets just lead by FII's buying on two consecutive days and finally offloading on the next two... This rally should not be construed as beginning of a new bull rally but it is only a bull rally in bear market.

Such rallies are there in all typical bear markets and tend to capture the small and greedy investors who get tempted to enter into the stocks on finding them rising every day.

Unless we close above 4514 for 3 consecutive days there are no chances of a fair bull rally ahead. We shall advice all our readers to exit from the markets in profitable stocks and wait for 3800 levels once again in next 10-12 days to re enter.....

Regards
InsureorInvest dot com
Investment Advisors
(Soon launching Profitfolio dot info)

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