3/7/2013 9:00 PM Thursday
Stock talk on Hindalco Industries, Dena Bank, Cipla and Hanung Toys & Textiles.
BSE Code: 500440
CMP: Rs 98
The stock has been witnessing huge volumes in the last few sessions and has been one of the favourite counters among traders in the last week. According to market sources, the stock is likely to witness an upward move from its current levels. Domestic fund houses and big market participants have entered the stock and are expecting some positive announcement from the company. The stock can therefore be looked upon for a short-term trading gain.
BSE Code: 532121
CMP: Rs 92.50
The volumes are on a higher side and the stock is witnessing a good buying interest for the last few sessions. According to the market buzz, it is expected to show a better price performance going ahead. Market sources indicate that some big market participants and domestic fund houses have taken long positions in the stock and it is thus expected to move in the northward direction on expectation of a better performance in the June quarter. The stock can be looked at from a short-term trading perspective.
THE RIGHT DOSAGE
BSE Code: 500087
CMP: Rs 382
One may wonder why this Large-Cap stock has made it to the Informed Intelligence section. The reason is simple - the stock, according to market sources, is likely to witness a northward move in the upcoming days. There has been a strong buzz that the stock may make an announcement that is likely to 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.
HANUNG TOYS & TEXTILES
BSE Code: 532770
CMP: Rs 130
If we go by the movement of the counter, it has seen volumes that are clearly on the upper side and the price movement of the stock is also witnessing a northward journey. According to market sources, the stock is likely to witness more buying in the short term as one of the largest domestic broking house, which has a presence in both retail and institution side - is pitching high on the stock and is marketing it all out. A few big HNIs have already taken good positions in the stock and are in no mood of selling it on an intraday trading. One can look at the stock from a short-term trading perspective.
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