The Hindu Business Line : Can we put the fear of `crash' behind?

Quantas, Yahoo... Jogin was cataloguing failed takeovers and aborted acquisitions in recent times. Dakshinamoorthy was studying info on the land needs of steel companies. And Sridevi was analysing recent telecom forecasts... Till Khan alerted them all about the weekly market chat. Join the discussion!

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Kay: Hi! Markets never move in a straight line.

Sri: That was the case last week...

Dax: Friday's fall was a revelation for many!

Sri: `Revelation of the righteous judgment?'

Jog: For Nifty, 4,180 levels may be...

Sri: A notable resistance on the upside.

Dax: `Feathers turn back in any show of resistance.'

Jog: From King Henry IV!

Kay: The Sensex and the Nifty seem headed...

Jog: Higher in the short term?

Dax: A new high possible soon in both the indices.

Sri: Mid-cap and small-cap stocks can take over.

Kay: For the next couple of weeks!

Jog: Large caps did their bit...

Dax: Taking the Sensex from 12,400 to 14,300.

Kay: Put the fear of `crash' behind!

Sri: And negotiate the month of May with ease?

Jog: Easier said than done.

Dax: May 11, UP results announcement!

Sri: Another hurdle to be crossed, hey bhagwan?

Jog: `I will drag thee on a hurdle thither... '

Dax: Ah, the Bard's Romeo and Juliet!

Kay: Colgate making fresh up-moves...

Jog: And more on the cards!

Dax: Kinetic Motor stock rose...

Kay: 10 per cent limit at Rs 34?

Jog: Kyonki the company made...

Dax: Preferential allotment...

Kay: To JHS, which would be convertible...

Sri: Into equity shares at Rs 65.

Kay: Also note this. It posted a net loss of Rs 14 crore!

Jog: During Oct-Dec quarter of 2006.

Kay: Mudra Lifestyle up 17 per cent last Friday.

Sri: It did not utilise the IPO proceeds up to March 31.

Dax: NSE announcement?

Kay: Any fresh move afterwards?

Sri: `Give satiety a fresh appetite... '

Kay: `Full of most blessed condition,' Iago!

Jog: Maruti drawing support at lower levels.

Kay: Has the potential to move upwards.

Sri: Bet for the medium term.

Jog: Network 18 has joined the group of...

Dax: Explosive stocks? Worth watching...

Jog: Along with Unitech and Indiabulls?

Kay: With Infy, Satyam, Wipro and TCS...

Dax: Hogging the limelight?

Kay: `So much light that I may read by them... '

Jog: `Whizzing in the air... ,' Brutus?

Sri: HCL Tech stock is paid less attention.

Jog: Due for recognition? Time to accumulate...

Kay: Sugar stocks for short-term gains.

Dax: Balrampur Chini has a target of 73, say brokers.

Jog: Buying interest seen in Ranbaxy, Bata...

Dax: And GT Offshore.

Kay: Bajaj Auto and Hero Honda look inviting...

Sri: On the charts? Buy for trading purpose?

Jog: `I purpose not to wait on fortune till... '

Kay: `These wars determine... ,' Coriolanus!

Sri: `Go, get you gone; and pray be careful all!'

Dax: Good parting thought, Titus Andronicus. Bye!

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

Blog at http://MarketChat.blogspot.com