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Trading Spotlight

Thursday, August 30, 2007

Stocks Up:

Ispat Ind
Stock up 17.7%;del vol of 31%
NSE vol of 3.4 cr shares Vs 10-day avg of 61.5 lakh shares
Intraday swing of 19%; Made a 52 wk high

Rei Agro
Stock up 17.1%;del vol of 26.4%
NSE vol of 10.4 lakh shares Vs 10-day avg of 1.5 lakh
Made a 52 wk high;
To demerge its retail business into REI Six Ten Retail Ltd

Triveni Engg
Stock up 14.3%;del vol of 33.7%
NSE vol of 16.9 lakh shares Vs 10-day avg of 7.6 lakh
Off 52 wk high by 15%

Shree Renuka
Stock up 9.1%;del vol of 10%
NSE vol of 4.5 lakh shares Vs 10-day avg of 1.8 lakh
Off 52 wk high by 24%

Sugar Stocks:
-10% mandatory ethanol blending in petrol
-Rumour also that center could announce relief measure for the sector
-UP has sought loan extensions to sugar companies

Firstsource Soln
Stock up 7.2%;del vol of 32%
NSE vol of 26 lakh shares Vs 10-day avg of 3.7 lakh
Intraday swing of 13%; Off 52 wk high by 15%
It acquired MedAssist for mn yesterday


Stocks Down:

Nucleus Soft
Stock down 4.7%;del vol of 88.1%
NSE vol of 37 thousand shares Vs 10-day avg of 20 thousand
Off 52wk high by 72%
In a down trend since 9th July; Lost 35% since then

Gitanjali Gems
Stock down 4.6%;del vol of 38.8%
NSE vol of 4.5lakh shares Vs 10-day avg of 3.4 lakh
Intraday swing of 7%
Breather after it went up for last two days as it received license to develop and market jewelry for Wimbledon

Apollo Tyre
Stock down 3.2%;del vol of 54.9%
NSE vol of 3.2 lakh shares Vs 10-day avg of 6.8 lakh
Off 52wk high by 15%

Posted by FR at 9:19 AM  

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Investment in equity shares has its own risks. Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that we consider reliable. I, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and I am not responsible for any loss incurred based upon it.& take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations given in this blog.