Informed Intelligence
MASTEK
BSE Code: 523704
CMP: Rs 180
There has been a sudden spurt in the volume on the counter in the last few trading sessions. What is more interesting is that the deliverable quantity is also on higher side. The buyback announcement has been one of the triggers in the recent past. Apart from this the company is also expected to post better results for the Q3FY14 and that is why many HNIs and a state owned insurance giant is taking position in the stock. This is truly a positive sign. Investors who want to make some quick gains in the short term can look at the counter.
TUBE INVESTMENTS OF INDIA
BSE Code: 504973
CMP: Rs 172
After witnessing volatility for the last few trading session, the stock has once again grabbed the eyes of the street punters in the recent trades. The market sources suggest that the stock is likely to witness further up-move from the current levels. Most of the technical analysts are bullish on the stock. It is also heard that a big market participants have recently entered the stock and is holding on to their positions expecting a better move on the northern side. Investor having high risk appetite can look forward to this stock for some short term trading gains.
TATA GLOBAL BEVERAGES
BSE Code: 500800
CMP: Rs 148
Market sources suggest that the company may witness good move in the northward direction in the near term. Good investment buying is also happening in the stock by big market participants as some good volumes is witnessed in the stock that has surpassed two week average volumes. There is a buzz that the company may come out with some investor rewarding announcement in the near future. The stock can be looked at for a short term trading gain.
CUMMINS INDIA
BSE Code: 500480
CMP: Rs 460
One may be wondering that why this large cap stock is forming a part of the informed intelligence. The stock according to market sources is likely to witness better northward move in the coming days. There has been a strong buzz that the stock may come out with an announcement that may induce positive sentiments in the stock. A cartel of HNI’s has been tracking the stock closely and on the same time has created buy positions on the stock. One may look at the stock for some short term gains.