Informed Intelligence

COOL AND COMFORTABLE

VOLTAS

BSE Code: 500575
CMP: Rs 102
Volume: 2354000

The volumes are on the higher side, and the stock has been witnessing some good buying interest for the last few sessions. It is expected to show a better price performance going ahead. According to market sources, some big market participants and domestic fund houses have taken long positions in the stock and are expecting it to move in the northward direction. The stock can be looked at from a short-term trading perspective.

GUSHING AHEAD

JAIN IRRIGATION SYSTEMS

BSE Code: 500219
CMP: Rs 112
Volume: 784000

If we go by the movement of the counter, we can easily figure out that the stock has been moving up and down in a narrow range for the past one week. There has been good accumulation in the stock for this period, which is evident from the volumes in the counter. Our market sources suggest that some big institutions are taking a keen interest in the daily activities of the company and have been accumulating it over the last fortnight. The stock is likely to witness an upward move in the short term.

HIGH VOLTAGE

SUN TV NETWORK

BSE Code: 532733
CMP: Rs 331
Volume: 369528

The stock has witnessed good volumes in the past few trading sessions, and has surpassed its two-week average quantity. There is a strong buzz in the market that it is likely to witness a good northward move in the near term, which has forced some big market participants and high net worth individuals to take long positions in it. The company may come out with some announcement in the near future. The stock can be looked at from a short-term trading perspective.

POWER SURGE

ADANI POWER

BSE Code: 533096
CMP: Rs 83.35
Volume: 4320000

There is a spike in the volumes for the last few days, and the stock has seen some good buying interest. Market sources
suggest that accumulation of the stock is happening, with some big market participants involved in it. This is based on the buzz about its likely tie-up with Coal India for the supply of coal. It is said that the company may witness a good run in the northward direction in the near term. The stock can be looked at for gains in the short term.