Kerbside

PIPING GAINS

JINDAL SAW | BSE CODE: 500378 | CMP: Rs. 106

Large chunks of volume have been witnessed in a month in this counter which was not seen from past few years. Something big may be cooking in the counter. The market sources suggest that the stock may witness a good jump in the short term as some big fund taking a stake in a company. The buzz in the market is that the stock is likely to witness its dream run in the near future. The stock can be an ideal candidate to make short-term trading gain.

SMOOTH COPY

ARCHIES | BSE CODE: 532212 | CMP: Rs. 28

In the last few days, the stock’s price has been beaten down after making new high. However, stock price now seems to bottom out. According to market sources, the stock is likely to witness more buying in the short term as a one of the fund house taking a stake in the company. Some big HNIs already taken a good positions in the stock and are in no mood of selling it in intraday trading. One can look at the stock from a short-term perspective.

OILING PROFIT

GUJARAT STATE PETRONET | BSE CODE: 532702 | CMP: Rs. 105.60

The company is one which has remained in talks in last few days across the trading desks of many frontline broking houses. There are talks that the company is likely to witness further up-move from the current level as it has been accumulated by FIIs as well as many HNIs. The stock is likely to see some northward move from the current levels and can been looked upon from a short-term trading perspective.

STRONG YARN

JBF INDUSTRIES | BSE CODE: 514034 | CMP: Rs. 277

The stock has been witnessing good buying past few days and has been seen a signifi cant spurt in volumes for the last few sessions, market sources suggest that some big operators have entered the counter and making the stock move northwards. The company may come out with some announcements in the near future, which may act as a trigger for the stock. Therefore, investors can enter the counter for short-term gains keeping in mind the risks associated with the stock.