1/13/2012 12:16 PM Friday
BSE Code: 533106
CMP: Rs 1103
There has been a strong buzz in the markets that this PSU stock is likely to witness a positive move in the coming days. This buzz has created an interest among many HNIs and large domestic fund houses. From the beginning of this month, many domestic fund houses have created long positions in many of their schemes on this counter. HNIs too have taken a fancy to the counter. The stock is likely to witness better movement in the northward direction going forward, and investors may look at it for some short-term gains.
BSE Code: 500096
CMP: Rs 97
Readers may be wondering why this Large-Cap stock features in this space. The reason is simple – according to market sources, the
stock is likely to witness a good northward move in the coming days. There has been a strong buzz that the company may come out with an announcement that could induce positive sentiments in the stock. A cartel of HNIs has been tracking the stock closely, and at the same time, has created ‘buy’ positions on the stock. One may look at the stock for some short-term gains.
BSE Code: 531335
CMP: Rs 436
The stock has been fancied by many investors and traders as a safe investment in turbulent times. It witnessed some renewed interest in the last few trading sessions, and this fact is substantiated by the growing volumes that have surpassed its two-week average trading volumes. According to market sources, the stock is likely to witness a sharp northbound movement in the near term. Traders who have been keeping a close watch on the counter say that the time is right for an upward movement. Therefore, one can look at the stock from a short-term trading perspective.
BSE Code: 500408
CMP: Rs 199
The past few trading sessions have witnessed a spurt in the volumes of this stock. The price movement has, however, remained in a range, suggesting that the stock may witness some northbound move in the short term. Many traders and mainly HNIs are betting big on the stock and have created large ‘buy’ positions in it. There is also a buzz that the stock is witnessing some buying interest by the promoters, which may act as a positive sentiment for it. One can look at the stock for some short-term trading gains.
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.
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