Informed Intelligence
A STRONG BUZZ
IDEA CELLULAR
BSE Code: 532822
CMP: Rs 84
Volume: 133243
The volumes are on a higher side and the stock has been witnessing buying interest for the past few sessions. As per the market buzz, it may show good price performance going ahead. It is also heard that some big domestic fund houses have taken long positions in the stock and are expecting the stock to move in a northward direction on the back of better results that it has posted in Q2FY13. The stock can be looked at from a short-term trading perspective.
IN HIGH SPIRITS
MAHINDRA HOLIDAYS & RESORTS INDIA
BSE Code: 533088
CMP: Rs 274
Volume: 4221
Mahindra Holidays & Resorts India has been witnessing some buying interest for the last few days. It is also heard that some important market participants are taking a keen interest in the stock and are keeping a close track on its price movement. They have already started accumulating the stock. Market sources suggest that the stock may witness some appreciation from its current levels in the short term. There has been a spurt in volumes in the last few days. One can look at the stock from a short-term trading perspective.
STEPPING AHEAD
BATA INDIA
BSE Code: 500043
CMP: Rs 885
Volume: 18037
If we go by the movement seen in the counter, it has seen volumes that are clearly on the higher side. The price movement of the stock is also on a northward trajectory. According to market sources, the stock is likely to witness more buying in the short term, as one of the large broking house with a presence in both the retail and institutional sides is pitching high on the stock 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 in intraday trading. One can look at the stock from a short-term trading perspective.
HEALTHY GROWTH
FRESENIUS KABI ONCOLOGY
BSE Code: 532545
CMP: Rs 89
Volume: 338929
The volumes witnessed in the counter are much higher when compared to its two-week average volumes. Market sources suggest that the company may witness a northward-bound move in the very near term as it is expected to receive some big orders. It is also heard that the company may announce something to reward its investors. One of the large domestic fund houses is taking a keen interest in the stock and has been accumulating it for quite some time now. The stock can be looked at for trading gains in the short term.