In a chat with Nikunj Dalmia of ET Now , Vijay Kedia, MD, Kedia Securities, says as markets stares at unimaginable levels, he expects 5x returns on his investments. Edited excerptsNo, I do not think so. I still-- I am midcap investor, okay. I always look for stories in midcap. So if you ask me, I think midcap stocks have greater chances of giving you greater return in times to come.It keeps on changing. Right now you can say that Sudarshan and Repro which have discussed so many times so I feel a little shy to name all those shares every time.No, till you are invested in those shares the word favourite does not change.: You see, I am not-- I am a follower of Buffet you can say but I would be worried if market closes for even one month, let me tell you, because it is my own money, it is not borrowed money, it is not the money from the public, okay and whatever stocks I am holding right now, I am comfortable with those stocks. This is what I can tell you.Nifty, I think since-- according to technical, Nifty is breaking out from 8000 level, I think we are going to see a new high very soon. It should cross 9000 very soon. So assuming that this is Modi bull market which started in August 2013 when the index was sub 20000, by the time this market will age out or by the time the market will peak out, where do you think Nifty will move and where do you think the Sensex will go?This was in 2008 Jan?: So from the last peak, yes it became three X.: So are you making a claim that by the time this market will peak out the Sensex, assuming that it started at about 18000-19000, it can easily go to 60000?: But those were extraordinary times?That time also global factors were there. That time a lot of uncertainties were there.I think so. My whole investments are based on that philosophy only although I do not invest NSE Nifty or BSE Sensex so what I mean that index will become four times that means my investment should give me a return of four times or five times in the next five, six years.No, you talk to Rakesh.Yes, I think so.IIM Ahmadabad, was a very good experience. I was a little nervous when I went to IIM Ahmadabad but it was a really good session. Then in went to IIM Bangalore also so that was also another very good session I had. It was a nice experience.These are green shoots.Yes, of course. Think with India-- in sync with my-- in the economy of India : I am chasing Rakesh.You see I have not created enough of wealth, let me tell you, let me clarify. I am a work in progress, okay and this is the only thing which I love that is why I am into stock market. This is what keeps me going.Management is very important. If you are investing with good management and half of your research, half of your worries are out. And after that you have to invest in full capacity. Suppose if you Rs 100, 000 to invest and are investing in Rs 5000 in one stock even that stock multiplies you are not going to get very good return. So the most important thing is management, then courage and patience.Yes.: Yes, I am holding all those shares and I do have vested interest.Long.No, no, long.Like what?I am fully invested. You can say I am leveraged.Of course.No, I do not have money.100% you can say. I am fully invested. I do not have money. I just have money to run my household expenditure.: I am sure you are discarding your dividend income which is going to be very strong as well.