Informed Intelligence

BANK ON IT : DCB BANK

BSE Code: 532772 CMP: Rs 60

The stock has seen some buying interest in the last few trading sessions. The increase in volume in the last few trading sessions backs the fact that something is cooking in the counter. Market sources suggest that the company may receive a hostile takeover bid from a large player in the same space or some other players looking to enter the banking space. Many big market participants and fund houses are taking keen interest in the stock. It is also heard that the bid may be much higher than the current market price. The stock can be looked upon for a short term trading perspective.

TAKE A CALL : IDEA CELLULAR

BSE Code: 532822 CMP: Rs 142

The volumes IDEA CELLULAR are on a BSE Code: 532822 higher side and the stock CMP: Rs 142 is witnessing buying interest for the last few sessions. It is expected that the stock may show good price performance going ahead as per the market buzz. It is also heard that some big domestic fund houses have taken long positions in the stock on expectation of some investor rewarding announcement in the near future. The stock can be looked at for a short term trading perspective.

A SAFE BET : DABUR INDIA

BSE Code: 500096 CMP: Rs 183

The stock according to market sources is likely to witness better northward move in the coming days. The stock is likely to buck the trend shown by its peers in the recent trades. There has been a strong buzz that the stock may come out with an announcement that may induce positive sentiments in the stock. A cartel of HNI’s has been tracking the stock closely and on the same time has created buy positions on the stock. One may look at the stock for some short term gains.

EXPLORING GAINS : OIL INDIA

BSE Code: 533106 CMP: Rs 490

There has been a strong buzz in the markets that this PSU is going to witness some positive move in the coming days. This buzz has created interest among many HNI’s and large domestic fund houses. From the latter half of the previous month, some large domestic fund houses have created long positions in many of their schemes. The HNI’s too are fancy on the counter. The stock is likely to witness better movement in the northward direction. Going forward one may look at the stock for some short term gains.