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Trading Spotlight

Tuesday, October 9, 2007

Gainers:
iGate
Stock up 11.2%%; del vol of 42%
NSE vol of 1.8 lakh shares Vs 10-day avg of 39 thousand shares
Up 21% in last 2 days ahead of results
GreenPoint Mortgage, one of the clients has closed due to mortgage crisis in Q2 (Just FYI)

Patni
Stock up 4.8%; del vol of 60%
NSE vol of 20 lakh shares Vs 10-day avg of 5.6 lakh shares
Gajendra Patni and Ashok Patni may resign from the board effective October 1st, 2007

STCI
Stock up 4.7%; del vol of 41%
NSE vol of 1.7 lakh shares Vs 10-day avg of 1.3 lakh shares
Up 21% in 6 days
Signs a MoA with the Philippines International Trading Corporation to export mn
Stock corrected 20% in 4 days when the board did not approve bonus share on 26 Sep (FYI)

Lanco Infra
Stock up 4.4%; del vol of 24%
NSE vol of 35 lakh shares Vs 10-day avg of 21 lakh shares
Up 14% in 6 days

Usha Martin
Stock up 4.3%; del vol of 54%
NSE vol of 6.4 lakh shares Vs 10-day avg of 7.5 lakh shares
Up 26% in 7 days

Losers: Profit booking in liquid stocks
Nagarjuna Fertilizers
Stock down 15%; del vol of 25%
NSE vol of 4 crore shares Vs 10-day avg of 4.3 crore shares
Up 44% in one month before yesterday's correction

Chambal Fertilizers
Stock down 13.4%; del vol of 19%
NSE vol of 48 lakh shares Vs 10-day avg of 77 lakh shares
Up 13% in one month before yesterday's correction; Lose all monthly gains

Triveni Engineering
Stock down 11%; del vol of 22%
NSE vol of 43 lakh shares Vs 10-day avg of 77 lakh shares
Up 27% in one month before yesterday's correction

Indus Ind Bank
Stock down 10.7%; del vol of 44%
NSE vol of 15 lakh shares Vs 10-day avg of 22 lakh shares
Up 24% in one month before yesterday's correction

Neyveli Lignite
Stock down 10%; del vol of 26%
NSE vol of 35 lakh shares Vs 10-day avg of 47 lakh shares
Up 30% in one month before yesterday's correction

Posted by FR at 9:27 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.