Though nothing is sure until it happens in stock markets but data indicates probability of a bullish phase in making...we as market participants are supposed to form an opinion and start building positions based on our anticipations...........small and confirmed bets can be initiated looking at the patterns/charts of equities which have a Higher bottom, higher Top formations(HTHB) already for last 3-4 weeks( may be they are in trading zone after HTHB right now)

I have already started accumulating some stocks in defensive group like Fortis healtcare, NTPC, VIP, Godrej properties, ITC etc ,these have limited lowerside with good growth prospects in case index makes a positive move in 2010.

Indian economy is showing resilience,growth and stability in comparison to other western countries,this sure would make india a favoured investment destinatation for huge liquidity waiting on the side lines ultimately taking our markets to new heights. we are hopeful to touch nifty last top of 6200-6300 or even cross it if global indicators dont drag it down due to unforeseen negatives.

More another time

Happy stock investing

Sam