Monday, July 02, 2007

What to expect in the IPO week - 2

In this post, we will deal specifically with DLF and some sister REALTY stocks.

As we all know, the DLF IPO will list this week. We will take a look at 2 realty stocks - MORGOK and UNITECH, we will see that they have just broken out of a triangle. The volume dry up as the stock moves lower is also bullish. With this IPO listing on 5th July, we should expect some good moves in this week.

Please take a look at the chart for more details.




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