Informed Intelligence
WELL HEELED
BATA INDIA
BSE CODE: 500043
CMP: Rs 856.00
Volume: 61000
The counter has seen volumes that are clearly on the upper side, and the price of the stock is also witnessing an up-move. According to market sources, the stock is likely to witness more buying in the short term, as one of the largest domestic broking house with a presence in the retail and the institutional side is pitching high on it and going all out to market it. Some big HNIs have already taken good positions in the stock and are in no mood of selling it. One can look at the stock for some quick short-term trading gains.
SECURING PROFITS
SRF
BSE CODE: 503806
CMP: Rs 242.00
Volume: 74000
The volumes in the counter are much higher as compared to its two-week average volumes. Market sources suggest that the stock may go up in the very near term, as some big positive announcements are expected from the company shortly. Moreover, in the last couple of trading sessions, some FIIs have bought large quantities of shares. One of the large domestic fund houses has also been taking a keen interest in the stock, and has been accumulating it for quite some time. The stock can be looked at for trading gains in the short term.
HANDLING VOLUMES
TECPRO SYSTEMS
BSE CODE: 533266
CMP: Rs 201
Volume: 35000
The stock is witnessing good volumes, but the price is not appreciating as much as it should. It has been consolidating and witnessing a range-bound movement. It has been heard that the company has caught the eye of many investors and that a Dubai-based hedge fund has been a constant buyer in the counter, taking some hefty positions in it. Traders are of the belief that this buying may act as a trigger for the price, which may go up. The stock can be looked at for some short-term trading gains.
HIGH ON GAINS
VST INDUSTRIES
BSE CODE: 509966
CMP: Rs 1951.00
Volume: 50077
The stock has been witnessing good volumes in the last few trading sessions, and has remained one of the favourite counters among traders in the last week. According to market sources, it is likely to witness a further upward move from its current levels. Domestic fund houses and big market participants have entered the stock and expect some positive announcements in it from the company. Therefore, it can be looked upon for some short-term trading gains.