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Moneycontrol.com >> Message Board >> View Messages >> Market Outlook - Short Term
   You are here :     Moneycontrol     MMB      Market View      Market Outlook - Short Term
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000 (618)   06-Aug-08 09:41Tracked by (78)  
Posted by:   Guest on ( 06-Aug-08 09:41 )
Eternal Bulls are currently laughing all the way to the bank whereas the eternal bears are currently licking their wounds. Surely, the markets are behaving in unexpected manner and shows some kind of euphoria getting in. Some of th emoney might have started chasing stocks already before they get left out. In the midst of all these good vibes, a piece of bad news can trigger the bears to invade the markets in their full capacity and may take the markets down to the levels predicted by HLN. All this looks very difficult in current situation. However, markets are markets and with oil already cooling off considerably, looks like all good news flow is now over and it is time for ears to take charge in a day or two... Watch out for Friday session... Could be crucial and a possible U turn for the markets...
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