Informed Intelligence
BURNING BRIGHT
NTPC
BSE CODE: 532555
CMP: Rs 141
Volume: 257230
The stock has witnessed better volumes, but the price has not gone up with the volumes and has remained range bound. Market sources suggest that this phenomenon is not likely to continue for long. In the near term, the stock is likely to witness a better up-move. Many HNIs and big market participants have taken big positions and are showing a keen interest in the stock. The stock can be looked upon for some short-term trading gains.
FUELLED FOR GAINS
CUMMINS INDIA
BSE CODE: 500480
CMP: Rs 452
Volume: 21465
A surge in volumes in the last few trading sessions suggests that something big may be cooking in the counter. Market sources suggest that the stock may witness a good jump in the short term on the back of some announcement that is expected to come out shortly. Big market participants and one of the large domestic fund houses are taking a keen interest in the stock, and have been building positions in it keeping in mind the all-time high rates of gold. The stock can be an ideal candidate for some short-term trading gains.
AGILE SOLUTIONS
ECLERX SERVICES
BSE CODE: 532927
CMP: Rs 740
Volume: 5555
Market sources suggest that the stock may witness a good jump in the short term on the back of some good announcements that are expected to come out shortly. Big market participants and one of the large domestic fund houses are taking a keen interest in the stock, and have been building positions in it. It is heard that the company may announce a hefty dividend, which the participants are betting upon. The stock can be an ideal candidate to make some short-term trading gains.
WELL CUSHIONED
BANCO PRODUCTS (INDIA)
BSE CODE: 500039
CMP: Rs 63.50
Volume: 5670
If we go by the movement of the counter, we can easily figure out that the stock has been moving up and down in a narrow range for the past one week. There has been good accumulation in the stock for the week gone by, and that is quite evident from the volumes in the counter. Our market sources suggest that some big institutions are taking a keen interest in the daily activities of the company, and have been accumulating it in the last fortnight. The stock is likely to witness an upward move in the short term.