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Nifty Closed above 4950 first time in 2009

Technicaltrendz:The indices touched a 16-month high today on the back of positive global cues as U.S Federal Reserve Chairman Ben S. Bernanke assured that the worst recession since 1930s had probably ended, signalling a faster than expected economic recovery.How both of you seeing this.

BEAR:We didn't see any big recovery confirming data till date,advance tax collections are good in india,we accept ,but this quarterly result will be muted as per our research.

BULL:Global demand increased significantly compare with 2008,yes it will take time to earnings to catch up.We expect in second quarter of 2010 it will.

TT:How you guys(BEAR) make money in such a bullish market ?Can say some stocks which giving bearish patterns ?

BEAR:Such Stocks will be there always,ADAG pack are near to resitance levels except RELCAPITAL,IDEA,BHEL etc

TT:Any stock looks good in this valuations ?(BULL)

BULL: HCLTECH looks good at current prices.