Stock Check: Reliance Power bright, Pantaloon fades

_Firstpost_has been tracking, to the minutest detail, stock trends in small-, mid- and large-cap segments. We are not recommending these shares for buying or selling, but we do offer pointers on price and performance trends. Here is our in-depth analysis on the list of 9 stocks we had put out this morning.

EKCwas a sell call below Rs 91.55 with a target of Rs 86. The stock touched a low of Rs 91 and closed the day at Rs 91.30. We maintain our price target of Rs 86.

Reliance Powerwas also a sell call below Rs 116.60 with a target of Rs 112.50. The stock touched a low of Rs 114.40 and closed the day at Rs 115.05. We continue with our call and maintain the price target.

More from Investing

MSMEs are breaking the traditional convention. Look who’s funding them Scale-up your startup without an investor! Here’s how

[caption id=“attachment_49401” align=“alignleft” width=“380” caption=“Some of our calls met the target while others missed it. Punit Paranjpe/AFP”]  [/caption]

Our sell call onTata Motorswas triggered below Rs 965.65. The stock touched a low of Rs 948.30 and closed at Rs 955.95. We maintain our price target of Rs 925.

GAILwas a short sell call below Rs 464.55 with a target of Rs 445. The stock touched a low of Rs 452.15 and closed the day at Rs 458. We continue with our bearish sentiment on the stock and maintain the target.

Jindal Sawwas a sell call below Rs 157.70. The stock touched a low of Rs 151.25 on Wednesday, but closed the day higher at Rs 154.65.

We had given a sell call onPantaloonbelow Rs 336.95 with a price target of Rs 310. However, on Wednesday the stock triggered our stop loss of Rs 340.40.

ACCwas a buy call above Rs 995.05 with a target of Rs 1,040. The stock went up to a high of Rs 1,001.90, but closed the day lower at Rs 999.95. We maintain the target, we would move our stop loss to Rs 987.60.

Renuka Sugarswas a buy call with a target of Rs 80. The stock scaled a high of Rs 74.90, but triggered our stop loss of Rs 71.75.

Educompwas a sell call below Rs 380 and a target of Rs 360. The stock touched our target of Rs 360 and closed higher at Rs 362.45.

“Neither the author of this post nor his immediate family members has a stake/share in the above-mentioned shares/mutual funds.”

FIRSTPOST DISCLAIMER:_Firstpost_brings you information and opinions on shares, funds and other investment options based on broker reports and private equity research. Investors are, however, warned that they should NOT take any buy or sell decision based on the views expressed in our posts or what market movements. Investors should consult their own financial and share advisors before taking purchase or sale decisions._Firstpost_does not take any responsibility for any losses incurred by investors who take their cues from our posts and chat sessions.