BURNING BRIGHT

CAIRN INDIA
BSE Code: 532792
CMP: Rs 301
Volume: 58000

In the last few sessions, the stock has been consolidating in a range, but the volumes have seen a spurt. Market sources suggest that it may witness a good northward move in the near term. It is also heard that a big domestic fund with exposure to several listed Indian companies is taking keen interest in the stock, and has been accumulating it on a regular basis. The stock can be looked at for short-term gains.

ON A ROLL

TIMKEN INDIA
BSE Code: 522113
CMP: Rs 186
Volume: 20000

The stock is on the radar of many big market participants and large domestic fund houses. The name is being heard on the street very frequently among traders as well as investors of late. A big announcement is also awaited in the short term, which can act as a price accretive from a shorter-term trading perspective. According to market sources, a big market punter is taking keen interest in the stock,
and tracking it closely on a daily basis. It is likely to see some northward move from the current levels, and can be looked upon from a short-term trading perspective.

CRACKING IT

CEREBRA INTEGRATED TECHNOLOGIES
BSE Code: 532413
CMP: Rs 28
Volume: 12000

The volumes are on the higher side, and the stock is witnessing healthy buying interest for the last few sessions. According to the market buzz, it is expected to perform well going forward. Some big market participants and some of the larger domestic fund houses
have taken long positions in the stock, and are expecting it to move in the northward direction on the back of some investor-rewarding announcements that are to follow. The stock can be looked at from a short-term trading perspective.

SYSTEMIC GROWTH

SIEMENS
BSE Code: 500550
CMP: Rs 688
Volume: 35000

The company has been a part of discussions among market participants for the past few weeks. It has performed quite well even in the currently volatile market. The stock has been trading in a range, and has yielded positive returns. Market participants are of the opinion that a big punter has entered the stock and is speculating in it, and that it may witness a further upmove from the current levels. One can look at the stock for short-term trading purposes.

Disclaimer: The recommendations provided in this column are taken from different market sources such as brokers, analysts, dealers and investment strategists, etc. These recommendations may not be backed by strong fundamentals. Dalal Street Investment Journal may or may not subscribe to these recommendations.