Informed Intelligence

GOOD MOVES

ALLCARGO LOGISTICS

BSE Code: 532749
CMP: Rs 98
Volume: 1947

This stock has remained an underperformer for long. In the past few trading sessions, however, it has come into the limelight and is making rounds across dealing rooms in the markets. It is being said that a recent acquisition is likely to bode well for the company, and many HNIs and punters are betting on the stock. Our market sources suggest that the company is also likely to post better numbers for the second quarter of the current fiscal. The volumes are also likely to see an upward trend from here on. The stock can be looked at for some short-term trading gains.

COUNT ON IT

SIEMENS

BSE Code: 500550
CMP: Rs 487
Volume: 41630

The volumes and the price are not going side by side for the stock. The stock is witnessing good volumes but the price movement is not that much appreciating and has been consolidating and witnessing a range for the last few weeks after witnessing good run before that. It is heard that the company may receive some hefty orders in the near term which is likely to act as a trigger for the price which may witness good northward move. The stock can be looked at for a short term trading gain.

STREET SMART

BATA INDIA

BSE Code: 500043
CMP: Rs 854
Volume: 23478

This counter has seen volumes that are clearly on the upper side and the price movement of the stock is also witnessing a northward journey. According to market sources, the counter is likely to witness more buying in the short term as one of the large broking house with a presence in the retail and institution sides is pitching high on the stock and is marketing it all out. Some large 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.

BIG BYTES

INFOTECH ENTERPRISES

BSE Code: 532175
CMP: Rs 215
Volume: 28992

The stock has come into focus along with its sectoral peers in the last one month. The volumes in the counter have seen a sudden spike in the last three trading sessions. However, there is still some steam left in the stock as far as its prices are concerned. Market sources suggest that this is an opportune time to get into the counter, although it had seen a better run in the recent past. Hence, one can expect a further northbound journey in the stock. Traders with a high risk appetite can look at this counter to make some quick gains.