Kerbside
The recommendations provided in this column are taken from various market sources such as brokers, analysts, dealers and investment strategists, etc. These recommendations may not be backed by strong fundamentals. Therefore we advise readers to use their own discretion before investing in these recommendation
RESEARCHING ON PROFIT DRUG
Syngene International Limited
BSE Code: 539268
CMP Rs 603.95
Syngene International Limited is a contract research company. It is engaged in providing contract research and manufacturing services in early-stage drug discovery and development to pharmaceutical and biotechnology companies. As per the technical charts, a chartist can see accumulation from bull operators and HNIs to push the stock to its all-time high. Traders can make use of this opportunity to make some healthy profits.
GAMBLING AGAINST THE MARKET TREND
Delta Corp
BSE Code: 532848
CMP:Rs297.00
Delta Corp Limited is primarily engaged in the operation of casino. Its segments include real estate, gaming, hospitality and others. They also provide real estate consultancy services to Peninsula Land which comprise of conceptualisation, designing, procuring permissions, etc. for an agreed consideration. The month of December has kicked in and Delta Corp is already ready for party. Their casino business is trending and their stock price too. It is hovering near its all-time high and with its increasing volumes the stock is all-set to go high in the sky. Traders can make themselves high on profits
SOLUTION FOR PROFITS
Piramal Enterprises
BSE Code: 500302
CMP: Rs2593.30
Piramal Enterprises Ltd is one of the largest pharmaceutical companies in India. The company operates two divisions, namely healthcare solutions and pharma solutions. The products and services offered by the company include pharma solutions, a division that is engaged in manufacturing of API and formulations in nine therapeutic areas. They provide services such as clinical phase APIs, clinical phase formulations and commercial APIs. On technical grounds, the stock is quite bullish and with rising volumes, the stock is hungry for more. If more market participants are holding positions in this stock, what are you waiting for? Go grab it before it climbs higher.
ENGINEERING NEW HIGHS
Siemens
BSE Code: 500550
CMP: Rs 2518.15
Siemens Ltd in India has emerged as a leading inventor, innovator and implementer of leading-edge technology enabled solutions operating in the core business segments of industry, energy and healthcare. The group’s business is represented by various companies that span across these various segments. The company operates in the business segments of automation and control, intelligent systems, energy, healthcare, mobility and building technologies. Our sources confirm that HNI and institutional are engineering this stock to scale new highs. Evident from the fact that volumes have shot up in the past two days and the stock is making new highs, it has the potential to deliver exceptional returns in short period. Hence, high risk-taking investors may take positions in the stock according to their risk appetite to witness some short-term gains.
(Closing price as of Dec 13, 2019)