HUL fails to go the distance, JP Associates jives

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.

National Aluminium was a sell call below its long-time support level of Rs 82. This level was not breached and hence, we were not triggered in the stock.

Get clued in on stock prices and market performance. Ajay Verma/Reuters

Grasim was a buy call above Rs 2,057. The stock touched a high of Rs 2,084.50 on Wednesday and closed the day at Rs 2,046. We have a target of Rs 2,115 for the stock and would like to move the stop loss for Thursday to Rs 2,040.

Patel Engineering was a buy call with a stop loss of Rs 131. The stock touched a high of Rs 140 on Wednesday and closed the day at Rs 135.90. We have a price target of Rs 145 for the stock.

We have been stopped out of our Hindustan Unilever buy call below Rs 320.90. The stock fell by over 3.5% on Wednesday to close the day at Rs 310.80.

We have been stopped out of our Voltas buy call below Rs 158.70. The stock closed Wednesday at Rs 156.25.

Our sell call onJP Associates continues. We initiated the sell call below Rs 78.40. On Wednesday, the stock touched a low of Rs 74.40 and closed the day at Rs 75.20. We have a price target of Rs 70 for the stock.

Bank of Baroda was a buy call which was initiated above Rs 865 on Tuesday. The stock touched a high of Rs 867 and closed the day at Rs 860.50. We have a target of Rs 900 for the stock and maintain our stop loss at Rs 855.

We have been on the buy side inHero Honda above Rs 1,755. The stock climbed to a high of Rs 1,778 on Wednesday and closed the day lower at Rs 1,740. We have a target of Rs 1,825 for the stock, while we move the stop loss below Rs 1,725.

Our sell call onREC continues. The stock touched a low of Rs 180.20 on Wednesday and closed the day at Rs 180.80. We maintain our price target of Rs 175 for the stock.

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Published Date: Jun 22, 2011 08:44 pm | Updated Date: Dec 20, 2014 01:45 pm