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The mid-cap juggernaut continues to roll

Jogin was turning the pages of banking history to know more about moratoria. Sridevi was studying the ads of Hyundai and Maruti. Dakshinamoorthy was trying to plot on a graph sheet, world growth rate and the country's fiscal deficit... Till Khan dialled them all to assemble for the weekly market chat. Respond!

Kay: Chart patterns suggest a continuation of bullishness.

Sri: A move to the 12,000-12,200 point mark seems near!

Kay: As the mid-cap juggernaut continues to roll...

Jog: Partial profit booking, a prudent strategy.

Dax: Good news unlike as in United Western.

Sri: The bank could rule weak on the news of moratorium.

Jog: "If only God would give me some clear sign!" wishes

Woody Allen. "Like making a large deposit in my name... "

Dax: in a Swiss bank?

Sri: Players talked of bearishness but markets went up.

Jog: Nifty would move up. Resistance around 3480 levels?

Dax: Vivimed could rule firm. Planning an acquisition.

Jog: Cadila strong on the news of its acquisition...

Kay: Of a 50% stake in a hospital outfit promoted by Apollo?

Sri: Wild card picks include Gujarat Ambuja Exports...

Jog: And Petron Engineering, may I add?

Dax: Sugar stocks could see some buying, I guess.

Kay: As they've corrected sharply in recent times, possibly.

Sri: Deepak Fertilisers gaining from the Taloja plant.

Kay: A new venture set up for Rs 150 crore-plus?

Dax: To max out its asset base.

Jog: And drive core competence. Plus move into new areas.

Kay: Balrampur Chini. A favourite. Target Rs 140.

Sri: Big volume play? Crucial for the next 2-3 sugar seasons.

Dax: Will it be ready when sugar prices are not increasing...

Kay: Significantly? Relative to rise in sugarcane prices?

Jog: Watching Godrej Consumer, a sub-Rs 200 stock!

Sri: After the takeover of Rapidol's South African business?

Dax: The move primes Godrej Consumer in two key areas.

Jog: Control of hair colour brands in 10 countries and a

chance to introduce products in the African market.

Sri: Mid-caps with weak fundas part of the momentum.

Dax: Does it augur well for the market? Cipla, any vichaar?

Jog: Has steam. Target of Rs 300.

Kay: Mid-cap tea stocks recovering. McLeod Russel?

Sri: Essar Oil did well for the second week in running.

Jog: IPCL is all set to cross its all-time high.

Dax: HTMT demerger will make the counter more active.

Jog: Try Tube Investments and also Nahar Spinning.

Kay: Good momentum seen in Philips Carbon Black.

Sri: Under Rs 50 quote, one can think of DCW!

Jog: Heard Divi's Lab on faster track and will go up.

Dax: Tech Mahindra stock, invest, in my opinion.

Kay: With customs duty removed on a swathe of items...

Jog: From Thailand? I expect some weakness is stocks.

Sri: Such as Samtel, and companies in the gears business.

Dax: "Instruction, manners, mysteries, and trades," as in Timon of Athens.

Kay: "Degrees, observances, customs, and laws." Bye!

**

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

Blog at http://MarketChat.blogspot.com

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