The Hindu Business Line : How now, how now, chop-logic!

Hot on Khan's radar was Hutch, while Jogin was plotting the spread between lending and borrowing rates of banks. And Dakshinamoorthy was trying to decipher Soros' statements till an SMS from Sridevi beeped in to say, `Stock talk.' Start!

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Sri: Hi. Markets likely to remain in a range.

Dax: Bouts of volatility likely to be a recurring feature.

Kay: The risk-averse may better stay away...

Jog: To wait out this period of choppiness?

Sri: `How now, how now, chop-logic!' says the Bard!

Jog: Nifty ended higher at 3,871 on Fri. Downside...

Kay: Immediate support at 3,855.

Dax: Nifty should trade and close above the said level.

Jog: Strong fundamental vs momentum stocks...

Dax: The latter had an easy outing? In 2007...

Sri: Rearrange portfolios? Or wait for the Budget?

Dax: F&O expiry on Thu to dictate market trend.

Jog: Reduction in short positions. In derivatives.

Sri: Crude poised to move up. Helping RIL and ONGC.

Dax: Watch ONGC. Short-term dividend-yield play.

Jog: Rupee strength can impact earnings of IT stocks.

Dax: Small-sized tech firms are in heavy demand.

Kay: Such as: 3i Infotech, Zensar, Trigyn Tech...

Jog: Technicals favour buy in the short term.

Sri: Sanguine about Pioneer Embroideries' expansion.

Kay: Kale Consultants strong. Portugal Airline order.

Jog: Chart picks are Moser Baer and Bartronics.

Dax: Wildcards include Chowgule Steamship and...

Kay: Guj Amb Exp. Tech Mahindra zoomed ahead.

Dax: Target 1800? Surged on BT contract. Buy on dips.

Sri: Despite 1:1 bonus, HCL Tech is lying low.

Dax: Have an eye on MphasiS BFL and Polaris.

Kay: Consolidation in RPG Trans. Will do well.

Sri: Karnataka Bank crossed its all-time high. No fuss.

Kay: TCS. Set to conclude a number of deals.

Sri: Good time to accumulate sugar stocks?

Jog: At their all-time lows?

Kay: Are they in the `pump-and-dump' cycle?

Dax: Sugar is not a happening story to sell.

Kay: Centurion Bank of Punjab. Low-priced stock!

Jog: Trade volumes are a surprise, though.

Sri: On watch by a lot of new investors these days.

Kay: Gaining ground, slowly. Did go well over Rs 30.

Sri: See you next year! Take care...

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

Blog at http://MarketChat.blogspot.com