Informed Intelligence
Sowmya K / 20 Feb 2014
The recommendations provided in this column are taken from different market sources such as brokers, analysts, dealers and investment strategists, etc. These recommendations may not be backed by strong fundamentals. Dalal Street Investment Journal may or may not subscribe to these recommendations.
SHORT TERM-GAINS
ROLTA INDIA
BSE Code: 500366
CMP: Rs 72
Market sources suggest that the company may witness a good move in the northward direction in the near term. Good investment buying is also happening in the stock by big market participants as some good volumes is witnessed in the stock that has surpassed two week average volumes. There is a buzz in the market that the company may come out with some investor rewarding announcement in the near future. The stock can be looked at for a short term trading-gains.
A TECHNICAL REWARD
HEXAWARE TECHNOLOGIES
BSE Code: 532129
CMP: Rs 161
The stock has been moving in a range for the last one week and the volume has seen a bit of uptick in the last couple of trading sessions. The stock has caught the eyes of various investors and they have created long positions in the stock and are holding on to it. As far as the market sources suggest, the company is likely to reward the investors shortly. Therefore, the stock can be an ideal candidate for making short-term trading gains.
SHORT-TERM BET
CANARA BANK
BSE Code: 532483
CMP: Rs 217
The volumes are on a higher side and the stock is witnessing good buying interest for the last few sessions and is expected to show better price performance going ahead as per the market buzz. According to market sources, it is heard that some HNIs and some of the big domestic fund houses have taken long positions in the stock and is expecting the stock to move in the northward direction. This is in spite the rising concern of the asset quality of the PSBs. The stock can be looked at for a short-term trading perspective.
SAFE WATERS
ADANI PORTS AND SEZ
BSE Code: 532921
CMP: Rs 164
After witnessing volatility for the last few trading sessions, the stock has once again grabbed the eyes of the street punters in the recent trades. The market sources suggest that the stock is likely to witness further upmove from the current levels. Most of the technical analysts are bullish on the stock. It is also heard that big market participants have recently entered the stock and is holding on to their positions expecting a better move on the northern side. Investor having high risk appetite can look forward to this stock for some short-term trading gains.
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