Informed Intelligence
Suparna / 08 Aug 2013
Stock talk on VIP Industries, IndusInd Bank, Exide Industries and Voltas
PACKED WELL
VIP INDUSTRIES | BSE Code: 507880 | CMP: Rs 39.90 | Volume: 39308
The stock has seen good interest among the market participants and has been witnessing good volumes in the past few trading sessions. It is heard on the streets that the largest domestic fund houses have taken position on a large chunk of shares over the past few sessions and taking keen interest in the day-to-day activities of the company. The stock is likely to see some northward move from the current levels and can be looked upon from a short-term trading perspective.BANK FOR GAINS
INDUSIND BANK | BSE Code: 532187| CMP: Rs 372 | Volume: 278050
The stock has been trading with a negative bias for the last couple of weeks. However, the volumes have seen some uptick for the last three to four sessions. The stock has caught the eye of various investors after the prices moved southward, and they have created long positions in the counter. As far as the market sources suggest, the prices of the company are likely to rebound in the coming week. It is also being seen as the 'next big thing' in the banking space. Therefore, the stock can be an ideal candidate for making short-term trading gains.
CHARGED WELL
EXIDE INDUSTRIES | BSE Code: 500086| CMP: Rs 123 | Volume: 59252
The volumes are on a higher side and the stock has witnessing good buying interest for the past few sessions in spite of the markets trading with a negative bias. The counter is expected to show better price performance going ahead as per the market buzz. It is heard that some big market participants have taken long positions in the stock and are expecting the stock to move in the northward direction. The stock can be looked at from a short-term trading perspective.
COOL GAINS
VOLTAS | BSE Code: 500575 | CMP: Rs 74.65 | Volume: 101462
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 with a presence in both retail and institutional side is pitching high on the stock and is marketing it all out. Some big HNIs have already taken good positions in the stock and are in no mood of selling it in intraday trading. One can look at the stock for some short-term trading.
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