2/9/2012 9:30 PM Thursday
BSE Code: 532276
CMP: Rs 109.20
The volumes in this counter are on the higher side, and the stock has witnessed some good buying interest for the last few
sessions. As per the market buzz, it is expected to show better price performance going ahead. According to market
sources, certain big market participants and some of the bigger domestic fund houses have taken long positions in the stock, and are expecting the stock to move in the northward direction. The stock can be looked at from a short-term trading perspective.
SHOT OF WEALTH
BSE Code: 500257
CMP: Rs 479
The stock is witnessing good volumes, but the price movement has not been as much. It has been consolidating and witnessing a range-bound move. It is heard that the company has caught the eye of many investors who have taken
short-term long positions in the counter, and this is likely to act as a trigger for the price. Market sources also suggest that long positions have been created in the stock by a big market participant. The stock can be looked at for short-term trading gains.
TUBE INVESTMENTS OF INDIA
BSE Code: 504973
CMP: Rs 125.75
If one looks at the recent movement of the counter, it is easy to figure out that the stock has been moving up and down in the same range for a long period of time. There has been good accumulation in the stock for the past one week, which is quite evident from the volumes in the counter. Our sources suggest that some big institutions are taking a keen interest in
the stock, and have been accumulating it over the last fortnight. The stock is likely to witness an upward move in the short term.
A RETAIL HIGH
BSE Code: 503100
CMP: Rs 193
A surge in volumes in the last three trading sessions suggests that something big may be cooking in this counter. Market sources suggest that the stock may witness a good jump in the short term on the back of some positive announcements
that are expected to come out shortly. Big market participants as well as one of the larger domestic fund houses are taking a keen interest in the stock, and have been building positions in the counter. The stock can be an ideal candidate for some short-term trading gains.
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