Informed Intelligence
A COLOURFUL PICTURE
BERGER PAINTS (INDIA) | BSE Code: 509480 | CMP: Rs. 241 | Volume: 39014
The stock is witnessing good volumes at the moment but the price movement has been consolidating and witnessing range-bound movement. It is heard that the company has caught the attention of many investors who have taken short-term long positions in the counter. In the near term, it is likely to come out with some sentiment boosting news that will act as a trigger for its prices. The stock can be looked at for short-term trading gains.
HIGH VOLTAGE
AMARA RAJA BATTERIES | BSE Code: 500008 | CMP: Rs. 263 | Volume: 39862
The volumes of this company are on a higher side and its stock is witnessing a good buying interest for the last few sessions. It is expected to show a better price performance going ahead. According to market sources, some big market participants and domestic fund houses have taken long positions in the stock and are expecting the stock to move northward. They have taken this position based on the good Q1FY14 numbers posted by the company. The stock can be looked at from a short-term trading perspective.
A GOOD BUY
ESS DEE ALUMINIUM | BSE Code: 532787 | CMP: Rs. 535 | Volume: 30257
This company’s volumes are on a higher side and the stock is witnessing a buying interest for the last few sessions. It is expected to show a good price performance going ahead. Some big domestic fund houses have taken long positions in the stock and the stock is thus expected to move in the northward direction. Also, the company has reported good Q1FY14 results. It can be looked at from a short-term trading perspective.
PROFITS CALLING
KAVVERI TELECOM PRODUCTS | BSE Code: 590041 | CMP: Rs. 35.50 | Volume: 1526
The volumes have witnessed a good spike in the last few trading sessions but the prices have witnessed a southward journey. But according to market sources, market participants can see light at the end of the tunnel. There have been long positions created in the stock by HNIs. They are playing on the results which are scheduled to be declared soon and are expected to be robust. Therefore, the stock can be an ideal pick for short-term trading gains.