How the 9 stocks performed on Monday

Shishir Asthana • December 20, 2014, 13:37:54 IST

The stocks offered varied results on Monday as far as their movement is concerned.

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.

We were bullish on Axis Bank. However, the stock did not rise enough to get triggered on Monday.

Allahabad Bank, too, was a buy call which has not been activated either.

We are triggered on the sell side in 3i Infotech below Rs 48.25. The stock touched a low of Rs 47.40 and closed the day at Rs 47.85. We maintain our price of Rs 44.

DCHL was a sell call below Rs 65, which got triggered on Friday, with the stock touching a low of Rs 63.40 on Monday and closing at Rs 64.55. We maintain our price target of Rs 60.

Bajaj Auto was a buy call above Rs 1,375. Our stop loss has been initiated in Bajaj Auto below Rs 1367.

We have a sell on Aurobindo Pharma below Rs 174.55 since Thursday with a target of Rs 160. The stock closed the day at Rs 174.55, down 1.5% after touching a low of Rs 173.25.

Aban Offshore got triggered on the down side below Rs 588. It saw a low of Rs 558.20 on Monday. We maintain our target of Rs 550.

Educomp has been activated on the short side, below Rs 470, with a target of Rs 440. The stock dived to a low of Rs 441.80 on Monday.

We were triggered onPFC above Rs 201. The stock closed on Monday at Rs 203.25 after triggering our stop loss of Rs 201.

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

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