Informed Intelligence

DIGGING DEEP

NMDC

BSE Code: 526371
CMP: Rs 131
Volume: 1309057

The stock has been witnessing good volumes. However, the price has not appreciated much and has been consolidating and witnessing range-bound moves. It is heard that the stock has caught the eye of many investors, who have taken short-term long positions in the counter. This is likely to act as a trigger for the price, which may witness a good northward move. Punters are expecting the stock to remain in the limelight for the next week or so, and are betting high on this. The stock can be looked at for some short-term trading gains.

REELY WORTHY

EROS INTERNATIONAL MEDIA

BSE Code: 533261
CMP: Rs 179
Volume: 62734

The stock has seen good buying interest in the past few sessions and is expected to register a better price performance going ahead. It is heard from market sources that one of the foreign fund houses have taken long positions in the stock and is expecting the stock to move higher. Over the past three quarters, FIIs have also increased their stake substantially, which is another positive trigger for the stock. It can be considered for investment from a short-term trading perspective.

HIGH VOLTAGE

CESC

BSE Code: 500084
CMP: Rs 391
Volume: 18691

The stock has been witnessing better volumes in the last few sessions and has remained very active among traders in the week gone by. According to market sources, the stock is likely to see upward moves from its current levels. Domestic fund houses and big market participants have entered the stock and expect some positive announcement from the management, which may induce further positive vibes. There are rumours that the company may be able to hike its tariffs to some extent going forward. This will also take the prices northward. Therefore, the stock can be a good pick to make some quick gains.

TOP GEAR

TATA MOTORS

BSE Code: 500570
CMP: Rs 360
Volume: 466508

This Large-Cap stock is likely to become the blue-eyed boy for traders in the coming weeks. The counter has seen volumes that are clearly on the upper side, and the stock price is also witnessing a northward journey. It is likely to witness more buying in the short-term. According to market sources, a renowned investor has entered the stock, which could further give a boost to its performance. One can look at the stock as a short-term trading pick.