The Hindu Business Line : `Strength should be lord of imbecility'

Watching flights from his barsati, Jogin was analysing the optimistic projections of the aviation industry closer home. Dakshinamoorthy had opened his laptop and was studying which component had come from where. Sridevi was fondly turning a brochure on e-bikes... Till Khan alerted them with an SMS that read simply, `C-Time!' Watch out!

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Kay: Hi! Charts suggest an upside!

Jog: Of a further 150-200 points?

Sri: From this level? Good news to start.

Dax: Strong resistances are coming up.

Jog: Chances are that the Sensex might...

Kay: Reverse direction on hitting them.

Sri: Profit booking an appropriate strategy at that juncture?

Jog: Despite falling down, Nifty recovered on Friday.

Dax: Could not move up much...

Kay: Due to resistance around 3485 levels.

Sri: On the downside, Nifty has immediate support at 3459.

Jog: And the next, around 3416-3428. Nifty 3521 imminent.

Dax: So, buying on down is better, kya?

Kay: Bulls took last Monday's shock in their stride.

Sri: And ended the week in a cheerful mood. This week too?

Jog: Those who expected a slide after reaching 12K...

Kay: Were disappointed!

Jog: "The precious jewel of thy home return."

Sri: As John of Gaunt says in King Richard II!

Dax: If it's party time, McDowell is likely to benefit.

Sri: Target of 800.

Jog: Playing with safe stocks not as rewarding...

Dax: Compared to those with momentum?

Kay: Investors are scouting for scrips...

Dax: That would yield bumper returns?

Jog: Thou shalt not be greedy! Last week's numbers?

Sri: UWB gained 5% last Monday. Exide, Phoenix Mills...

Dax: Guj NRE Coke ended that day on a positive terrain.

Kay: Three stocks are in the race to reach four digits!

Jog: Maruti, ACC and SBI. Right?

Kay: "Gratify the table with a grace!"

Dax: Holofernes' line from Love's Labour's Lost?

Sri: Metals have got to bounce back if...

Kay: The Sensex is to cross its all-time high.

Jog: Keep a watch on EKC and KRBL.

Kay: And Sunil Hitech Engineers.

Dax: ABC and XBRL? Let me look up the abbs.

Sri: BEML could see some strength.

Kay: On the back of its proposed Brazilian foray.

Jog: Jewellery stocks could see some strength.

Sri: "Strength should be lord of imbecility," says Ulysses!

Dax: On account of the cut in min value addition norm?

Jog: Wildcard picks: Transpek Ind and Standard Ind.

Kay: Good comeback from Reliance Natural Resources?

Sri: ICI India's plans of buyback...

Kay: Likely to propel the stock, IMO.

Jog: With Tata Sons raising stake in Tata Tea and...

Dax: The Energy Brands buy should improve its valuations.

Kay: "Act in safety," advises Macbeth. Bye!

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

Blog at http://MarketChat.blogspot.com