Informed Intelligence

TOP CLASS

NIIT
BSE Code: 500304
CMP: Rs 29

This stock has been trading in a tight range, which is evident from the price movement over the past few trading sessions. However, there is no dearth of volumes, as it has remained above the two-week average volumes on a consistent basis. A highlight of the counter is that the percentage of deliverable quantity has been on the higher side, indicating a build-up of long positions in the stock. The buzz in the market is that this build-up is happening as it may give positive returns in the near future. One may look at this counter to make some quick returns.

HIGH GRADE

WEST COAST PAPER MILLS
BSE Code: 500444
CMP: Rs 56

Sudden spike and trades with a positive bias indicate that something is cooking in this counter. Moreover, an institutional dealer of a reputed broking house has suggested that paper stocks will be in demand over the next few weeks, and there is strong buying across all stocks in the sector, especially this one. As a result of growing institutional interest, the stock may trade with a positive bias in the coming sessions. Investors with a high risk appetite can look at the stock for some gains.

A RUNAWAY HIT

PVR
BSE Code: 532689
CMP: Rs 636

Better-than-expected quarterly results from the listed players is what is driving retail as well as institutional interest towards this stock. The market buzz suggests that India’s largest life insurance provider and a large domestic fund house have built up sizeable positions in the counter. This can be supplemented by the percentage of deliverable quantity against the trading quantity. Investors may look to invest in the stock for the short term.

ON COURSE

SONA KOYO STEERING SYSTEMS
BSE Code: 520057
CMP: Rs 21

The auto sales numbers for the month of December 2013 have not been encouraging, but this has not been any deterrent as far as buying in this counter is concerned. It is heard that some large HNIs and Delhi-based investors are betting big on this counter to make some short-term gains. Buying interest in this stock in the coming sessions cannot be ruled out. Investors with a high risk-taking ability can consider investing in this counter.