Informed Intelligence

SAY AYE!

YES BANK

BSE Code: 532648
CMP: Rs 300 
Volume: 1961000

The stock has been moving in a range for the past one week and the volumes have seen a bit of an uptick over the last couple of trading sessions. After the sharp price correction following the management debacle, the stock has caught the eye of many investors, who have created long positions in the counter. As far as D-Street sources suggest, the company is likely to reward its investors to regain their confidence in the near term. In fact, market players are placing the counter ahead of all the other private sector banks at this juncture. Therefore, this stock can be an ideal candidate for making some short-term trading gains.

A STRONG BUZZ

RELIANCE COMMUNICATIONS

BSE Code: 532712
CMP: Rs 143
Volume: 1541000

One may wonder at the inclusion of this Large-Cap stock here. Well, according to market sources, the stock is likely to witness better northward move in the coming days. The company has become a likely bet for punters, keeping in mind the rally in the telecom socks in which the company has not been a participant so far. Some large HNIs have been accumulating the stock and are holding on to it for a rally in the near term. One may look at this counter for some short-term gains.

HIGH ENERGY

ADANI POWER

BSE Code: 533096
CMP: Rs 34.70
Volume: 353000

This stock has seen good buying interest and there has been a spike in volumes in the counter for the past few days. Market sources suggest that some large market participants are accumulating the stock. There is a buzz about a tie-up for the supply of coal, which will be a positive trigger for the stock. The company may witness a good run in the northward direction in the near term and thus, the stock could have a good short-term yield.

ON A ROLL

MRF

BSE Code: 500290
CMP: Rs 12870
Volume: 1904

The stock is witnessing volumes on the higher side. However, the price is not appreciating all that much and has been witnessing range-bound movement. It is heard on the street that many big ticket investors and market participants are keeping a close watch on the company and slowly building their positions in the counter. Market sources also suggest that long positions have been created in the stock by some big market participant. It can be looked upon for gains in the near term.