Sunday, May 4, 2008

Bull phase begins?

Last week was good for the markets. The markets seems to be in an uptrend. I seem to talk in terms of a techinical analyst, though I do not mean to. The majority opinion is that market will move a bit higher and then we will see profit booking. I also do not expect the current rally to last long. It is inevitable that there will be more falls before the bull market sets in. And start it will.

The biggest IPO in the form of NHPC is supposed to hit the market in August-September.

No comments: