The Hindu Business Line : There is no wrong, but every thing is right

Khan was analysing the quirks in the segment results of companies. Sridevi was studying the options before promoters to ring fence themselves against possible takeovers. Dakshinamoorthy was praying hard for world peace... Just when Jogin was messaging them all to fall in line for the market chat. Stand by!

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Jog: Hi, SDK! Outlook for the indices is positive.

Kay: Expect volatility as key resistance levels lie ahead.

Dax: Markets to move in tune with monsoon news.

Kay: Plus, crude prices and geopolitical events in W Asia.

Sri: On Friday, the market ended with negative bias.

Dax: Phir bhi, the market breadth was positive that day.

Sri: Nifty perched indecisively at 3,130. Support at 3,090

Dax: And the resistance at 3,168. Above that: 3,192.

Kay: With no dhamakas, seems the market is looking for...

Sri: A safety zone before steering ahead.

Jog: Hindustan Motors could see some zing!

Kay: On reports that it may foray into small car segment?

Sri: The slide in Jet Airways may not be over, yet.

Dax: Weak numbers could see it shed further ground.

Jog: Nestle, too, should rule weak on flat numbers.

Sri: Unitech could see some buying coming in.

Jog: After strong earnings growth for the quarter.

Dax: Cement and auto stocks should see movement.

Kay: Depending on the street's perception of...

Sri: Their monthly despatch and sales numbers.

Jog: Century Text, Birla Corp, Dalmia Cement are stocks...

Dax: Holding some promise on the charts!

Sri: South Asia Petro. With a turnover of Rs 980 crore.

Dax: Quoting at less than Rs 10? Think again!

Kay: Serious mismatch between sales and stock price?

Jog: Even at the best of times, it was barely above Rs 20.

Dax: Large-sized debt on its books. Value-pick?

Jog: Pet manufacturer, based in Haldia.

Kay: Watching Andhra Bank. Going at Rs 70 or so.

Sri: Not cheap, compared to Centurion Banks of the world.

Jog: But AB is said to be doing a number of things correctly.

Sri: What about hotel? Hospitality and entertainment.

Jog: Often the sideshows of the great circus

called `bull markets'.

Dax: Ted Turner's quote? True, if one looks at the leading

hotel stocks' performance in the past 2/3 years.

Sri: With the market decelerating a bit, will these too fall?

Kay: Economy is still progressing. And the `sideshows' of

yesteryears will not recede altogether.

Dax: Nagarjuna Const staged a solid comeback; target 280?.

Sri: Brokerage firms feel cements are in for a good run.

Jog: NDTV, has a potential to reach 200.

Kay: TCS gone ex-bonus. Should we wait or accumulate?

Jog: Good performance would be well received.

Sri: Such as: Rajshree Sugars and Dharani Sugars?

Dax: Mysore Cements, Era Const... All with sound footing.

Kay: Dr Reddy's bonus news will make it quite active.

Sri: SBI turned stronger despite weak results. How odd!

Dax: The stock gained over 6 per cent in the last two days.

Sri: "There is no wrong, but every thing is right."

King Henry VI! Bye.

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

Blog at http://MarketChat.blogspot.com