Informed Intelligence

SMART GAINS

TATA ELXSI

BSE Code: 500408
CMP: Rs 327
Volume: 603000

There has been a spurt in volumes in this counter in the past few trading sessions. The price has, however, remained in a range, suggesting that the stock may witness some northbound moves in the short term. Many traders and mainly HNIs are betting big on the stock and have created large buy positions in the stock. According to market sources, the stock is witnessing some buying interest from promoters, which may act as a positive sentiment for the counter. One can look at this stock from a short-term trading perspective.

DELIVERING THE GOOD(S)

BLUE DART EXPRESS

BSE Code: 526612
CMP: Rs 3343
Volume: 234

From the movement of the counter, it is clear that the stock has been moving up and down in a range for a period of time. There has been good accumulation in the stock for the past one week, which is quite evident from the increased volumes in the counter. Our sources suggest that some big institutions are taking keen interest in the stock and have been accumulating it over the last fortnight. It is likely to witness an upward move in the short term. Investors with a high risk appetite can look at the stock for some quick returns.

HIGH RISE

DLF

BSE Code: 532868
CMP: Rs 160
Volume: 1180000

In the recent past, this stock has witnessed better movement than its peers, backed by better volumes. There are many investors who were skeptical about the counter, but it has proved its detractors wrong. The dealing desk of a reputed broking house suggests that there is strong buying in the stock among institutions and HNIs. This is in spite of the fact that it has moved up considerably. This suggests that the stock still has some steam left, and there is also an expectation that the company may come out with some investor-rewarding announcement. It is a worthwhile pick for short-term trading gains.

A GOOD CALL

SASKEN COMMUNICATION TECHNOLOGIES

BSE Code: 532663
CMP: Rs. 170
Volume: 167000

The stock is witnessing volumes on the higher side, but the price is not appreciating all that much and has been consolidating and witnessing range-bound moves. It is heard that many big ticket investors and market participants are keeping a close watch on the company and are slowly building their positions in the stock. Market sources also suggest that long positions have been created in the stock by some big market participant. Those with a short-term trading horizon can consider this stock.