Informed Intelligence
WEAVING PROFIT
ALOK INDUSTRIES | BSE Code: 521070
There has been a significant spurt in its volume in the past two weeks. Though the price has not moved in tandem with the volumes, there are speculations across the markets that the counter may witness a northward move in the near term. In this phase, the big bull of the Indian markets has entered the stock at around Rs 10 per share. This is likely to ignite some fire in the counter going forward. One can look at the stock for short-term trading gains.
DOING WELL
LOVABLE LINGERIE | BSE Code: 533343
The stock has remained in the limelight for quite some time now. For the past few sessions, the stock has witnessed better volumes which have surpassed its two-week average volumes. The prices, however, have remained range bound. There is a buzz in the market that a foreign based innerwear company is likely to buy 10 to 15 per cent stake in the company. The price for the same is expected to be at 20 per cent premium to its current market price. The stock can be looked at from a short-term trading perspective.
A PROFITABLE BYTE
HCL TECHNOLOGIES | BSE Code: 532281
The stock has been witnessing better 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, the stock is likely to witness an upward move further from its current levels. Domestic fund houses and big market participants have entered the stock and expect some positive announcement from the company in the near future. The stock can therefore be looked upon for short-term trading gains.
GOOD NEWS
JAGARAN PRAKASHAN | BSE Code: 532705
The stock has been witnessing better volumes in the last few sessions and has been one of the favourites among traders in the last week. According to market sources, the stock is likely to witness an upward move from its current levels. There are several punters who have been tracking the counter and have created long positions in it. It is also heard that a domestic fund house has been bullish in the counter and is taking a keen interest in the activities of the company. Therefore, the stock can be looked upon for short-term trading gains.