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You shall have your desires with interest

Sridevi chuckled when reading that British companies were seeking `a smoother passage to India'. Khan was asking himself if `political' is `pathological', when `medical' is `political'. Dakshinamoorthy was tracking with interest the Redhat-Oracle battle... Till Jogin messaged them all, "Tlk mkt." Get talking!

* * *

Jog: Hi! Nifty nearing its all-time high of 3,773.

Kay: Sensex too is nearing the 13,000 level!

Dax: An important psychological resistance!

Jog: Not `some warlike resistance,' as in All's Well

That Ends Well!

Sri: Profit booking is expected;. Nifty is bullish.

Kay: Some more upside; but volatility ruled out?

Jog: May be we can see on the Nifty board, 3,800 mark.

Sri: Any sanctity attached to that mark?

Dax: `Mark'd by the destinies to be avoided.'

King Henry VI!

Kay: A pause is likely before the market resumes its upward journey.

Jog: Chart patterns continue to portray bullishness.

Dax: A move to the 13,300-13,400 mark not ruled out.

Kay: Credit Policy on Oct 31. RBI may raise...

Jog: Interest by 25 bps? Bank stocks may see some action!

Dax: `In such business action is eloquence,' from Coriolanus.

Sri: Any hike in interest rate will affect the markets.

Jog: "You shall have your desires with interest," says the Bard.

Dax: SBI came out with below par results.

Kay: The stock had risen quite sharply in recent times.

Sri: Law of averages should act, I suppose.

Jog: IOC, HPCL may rule firm due to good numbers.

Dax: Zee, DCM Shriram Consolidated, Vimta Labs...

Sri: Strides Arco, Brittania, And. Sugars & TVS Elec...

Jog: A few stocks that could see weakness.

Kay: As their numbers disappointed the street?

Dax: Jindal Steel, Seshasayee Paper, Sundram Fasteners...

Sri: McLeod Russel and Geojit could see strength.

Kay: On the back of good results.

Jog: Chart picks for the week include IOB and Sundaram Clayton.

Sri: Wildcard stocks for the week are Standard Industries, KS Oils and Nocil.

Dax: Tech Mahindra has surpassed all expectations.

Kay: From listing price of 365 on Aug 28 to 1014

Sri: Cement. Great story? Once again, not reflected in prices.

Jog: GE Ship is all set for all-time high. Target 350.

Dax: Don't write off Hero Honda. Likely to bounce back!

Kay: Counters that trade very active in mid-caps are BSEL Infra...

Sri: And Sesa Goa. Also Sah Petroleum, it is heard.

Jog: GMR Infra. Buy on declines around Rs 290 levels.

Kay: ICICI, Bharti Air results did not give a chance...

Jog: To the bears to raise their heads?

Dax: With Bharti soaring, spotlight would be on...

Sri: Reliance Communication results on Monday? Bye!

* * *

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

Blog at http://MarketChat.blogspot.com

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