9 stocks to watch out for today

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.

Adani Powerhas moved out of its consolidation zone and can touch a price of Rs 120 if it manages to cross Friday’s high of Rs 114.65.

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Educomp has not participated in the current rally in the market and low is ripe for a downward breakout. The stock can come down to the Rs 365 level if it breaches Friday’s low of Rs 382.

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Hotel Leela has taken support at its previous high and looks good for a breakout above it at Rs 44.50. The stock can touch the Rs 47 mark if it manages to break this level.

Exide was a buy call with a target of Rs 175. The stock touched a high of Rs 170.40 on Friday and closed at Rs 169.45. We maintain the target for the company.

Chambal Fertiliser was a buy call with a target of Rs 88. The stock went up to a high of Rs 86.60, but closed lower at Rs 84.50 on Friday.We continue with our buy call and target for the stock.

Indian Hotel was a sell call below Rs 78.35 with a target of Rs 74. The stock touched a low of Rs 78 and closed at Rs 78.80. We maintain our sell call and target of Rs 74.

Allahabad Bank was a buy call with a target of Rs 215. The stock climbed a high of Rs 209 and closed at Rs 206.10. We maintain the target of Rs 215 for the stock.

Bank of Baroda was a buy call with a target of Rs 915. The stock hit a high of Rs 895.65, but closed lower at Rs 881. We maintain the price target for the stock.

Idea was a buy call above Rs 79.45 with a target of Rs 85. The stock went up to a high of Rs 81.50 and closed at Rs 81.45. We maintain our target on the stock.

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