Informed Intelligence

LOOKS INTEREST-ING

MAHINDRA & MAHINDRA FINANCIAL SERVICES

BSE Code: 532720
CMP: Rs 1038
Volume: 594792

The volumes witnessed in the counter are higher as compared to its two-week average volumes. Market sources suggest that the company may witness a northward-bound move in the very near term. The stock has hit a new high in the last few days, and it is being heard that there is still some steam left in the counter. It is heard that after the favourable response to the QIP, the stock is being keenly watched by many key market participants. The stock can be looked at for a trading gain in the short term.

SMOOTH COPY

NAVNEET PUBLICATIONS (INDIA)

BSE Code: 508989
CMP: Rs 65
Volume: 659400

The stock has been witnessing better movement as far as the price is concerned in the last few days. At the time of going to press, the stock has been on the rise for four days continuously. Good volumes are also witnessed in the counter, and some sort of accumulation is also witnessed in the counter. It is also heard on the streets that a few high profile HNI investors are taking an interest in the stock and are tracking it closely, apart from accumulating. The stock can be looked at for trading gains in the short term.

PENNY WISE

ALLAHABAD BANK

BSE Code: 532480
CMP: Rs 161
Volume: 386238

The stock looks like an ideal candidate if someone looks to play for some gains in the banking space on the smaller side. The stock has caught the eye of various investors, who have created long positions in the stock and are holding on to it. The players are hoping that the counter may become the next big thing in the PSU banking space. Therefore, the stock can be an ideal candidate for making short-term trading gains.

FOIL RETURNS

ESS DEE ALUMINIUM

BSE Code: 532787
CMP: Rs 308
Volume: 39722

The volumes are on a higher side and the stock is witnessing buying interest for the last few sessions. As per the market buzz, the stock may show good price performance going ahead. It is also heard that some big domestic fund houses have taken long positions in the stock and are expecting it to move in the northward direction on the back of better results that it has posted in Q2FY13. The stock can be looked at from a short-term trading perspective.