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Monday, May 15, 2006


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Compass is no bigger than thy head

Reading International Herald Tribune, Khan wondered if Dow 12,000 sounded too good to be true. Sridevi smiled wryly at how Vietnam and US reached a deal on WTO. Dakshinamoorthy sat analysing Tamil Nadu election results. But Jogin SMS-ed them all, `Mkt Cht'. Hop in!

Jog: Hi! Chart patterns suggest continuation of the up-trend.

Kay: If Nifty stays above the crucial support level.

Sri: Pressure on sugar stocks if sarkar imposed restrictions.

Dax: Greenply Ind may show a firm trend.

Jog: Has worked up a strategic financial investor.

Sri: Geojit Sec in the limelight. Stronger in West Asia..

Kay: Nicco Corp: Anil Ambani group picked up a stake?

Dax: Tea bullish. Demand to outstrip supply. Kenya drought.

Jog: Contributed a little by way of exports to Pakistan.

Sri: Pakistani buyers have adopted a hand-to-mouth strategy.

Kay: Steel under pressure. Arcelor and Mittal - colourless Q1.

Jog: Low average prices and increase in raw material costs.

Dax: Cement. Monday deadline to cut prices. Shares?

Kay: Took a pounding as govt began talks to control price.

Sri: Reliance increased its petroleum prices. Govt unable to!

Jog: Left pressure. HPCL, BPCL and IOC facing huge losses.

Kay: Little impact on RIL.

Jog: After Friday downslide, some IT stocks look attractive.

Sri: HCL Tech, Aftek Infosys and Helios?

Dax: Hinduja TMT. Target 835? Four-digit very soon?

Jog: Dabur India (target 190). Wockhardt (target 500).

Dax: Even dormant shares shoot up dramatically!

Sri: So don't despair. Tomorrow might be your day.

Jog: Geodinfo corrected from 265 in 60 days!

Sri: Acha result, upper jane ka chance?

Dax: Midday Multimedia 5% appreciation, fast.

Sri: GMDC potential? News of accumulation by big player.

Jog: Suzlon and Siemens to attract buying interest after

they have been moved into NSE's Nifty index.

Dax: SCI and Tata Chem moved out. IDFC?

Kay: Included in Nifty Junior index. Last week's numbers?

Dax: BSEL Infrast was up almost 20% last Monday.

Suzlon Fibre earned 8% and Sesa Goa, 6%. Bharti Tele,

Infosys and JK Cem ended that day on a positive note.

Kay: M&M Fin may gain from services such as distribution?

Jog: Parent M&M's reach in non-urban markets is a plus.

Sri: Professional financial services scarce in rural areas.

Dax: Will small car project boost Tata Motors? Rs 900 plus.

Jog: Small cars are volumes-driven. Seeing quiet action.

Kay: There is a buzz on a bonus or a stock split.

Sri: Shrachi Sec, an NBFC, may be in for a capital recast.

Dax: DLF is fuelling investor interest in other realty stocks.

Jog: Such as Unitech and Ansal Properties. Biggest IPO!

Sri: Expected amount to be collected: over $3 billion!

Dax: "Sighs shot through, and biggest tears o'ershower'd."

Sri: Pericles, Prince of Tyre! More than double that...

Jog: TCS and NTPC raised: $1.17 billion each.

Kay: "Compass is no bigger than thy head," King Richard!

Lee with inputs from Nat, Sve, Ala, Bad, The, Nil, Raj, Sur and Bij

Blog at http://MarketChat.blogspot.com

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