Ok. Its official now.
As all major analysts & trend followers will agree the Indian stock market is officially OFF bear market mode and will be TRENDING from here on - with a mildly upward bias (hopefully) and the bottom formed at 8000 ish levels on the sensex will be the intermediate bottom from which trendlines ought to be drawn.
Chart here
Markets at lower levels, companies selling at 7 and 8 times forward PEs :x *drool*
We'll see what we do this year, wont we ?
Subscribe to:
Post Comments (Atom)

No comments:
Post a Comment