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And every fair from fair sometime declines

Khan was reading with interest a posting on www.allheadlinenews.com about Uncle Sam's warning to India of investment fall in response to cola ban. Dakshinamoorthy sat pondering over N.R. Narayana Murthy's statement that reforms have not benefited the poor. And Jogin was sympathising with `professional directors' whose names SEBI would announce soon... Till Sridevi buzzed them through SMS, `Cut to the chat!' Shift!

* * *

Sri: Hi! Sensex is poised at a highly crucial level.

Jog: If markets register a sharp fall from this level, it could...

Kay: Set the stage for a retest of the 8800-point level.

Sri: "I should my tears let fall upon your cheek."

Dax: As in Twelfth Night! No better news than...

Jog: The strong return of mid-caps? Value-buying awaited.

Kay: And so are block deals. With an agenda of its own...

Sri: Market immune to -ve news that keeps cropping up.

Dax: Potential to go up further. FII flows in and +ve trend.

Jog: Advances to declines ratio favours bulls.

Kay: "And every fair from fair sometime declines."

Sri: But volatility can't be ruled out. Will crude play truant?

Kay: Charts suggest sugar sector could see +ve momentum.

Dax: Bhagyanagar India could see some action!

Jog: Aggressive capex plans. GE Shipping to rule firm.

Kay: Revised demerger plan may sail through. Hind Zinc?

Sri: Strong. Outlook for zinc prices upbeat. Wildcard picks?

Dax: Include Prajay Engineers and Aftek Infosys.

Jog: Exide, any vichaar? Stock split is in the offing? 1:10?

Sri: Rose to Rs 300 or so. If the trend persists...

Kay: Valuation can touch Rs 30. Strategic stakeholder in...

Dax: ING Vysya Ins! Should start aiding Exide's fortunes!

Jog: Trading volumes okay. Brutus says...

Dax: "Ere night we shall try fortune in a second fight."

Sri: Reliance Communication is said to have a target of 300.

Dax: Focus on mid-cap. See MRO-Tek and Sail.

Kay: Long in list. Like IPCL, Matrix Lab, Kesoram...

Jog: And JK Industries. Bets on the long side.

Sri: Try this out - Ajanta Pharma and Pricol.

Dax: Sugars KCP and Dharani looking good on charts.

Sri: Action seen in Kabra Extrusion, on expansion news.

Kay: Also, JB Chem, following dividend announcement.

Sri: Watching Mahavir Spinning. Low-volume counter.

Kay: Can gain from reported expansion plan.

Dax: Competition that textile outfits face is getting intense.

Kay: Tata Tea has targeted a huge top line expansion, as Ratan Tata said.

Sri: Tetley, acquired some years back, is showing results.

Dax: Ind-swift Lab had an explosive comeback on Friday...

Jog: It was one of the many battered mid-cap stocks.

Kay: "The tyrant has not batter'd at their peace?"

Sri: As in Macbeth? Bye!

* * *

Lee with inputs from Nat, Mad, Nil, The and Bij.

log at http://MarketChat.blogspot.com

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