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How the 9 stocks performed on Tuesday

Shishir Asthana December 20, 2014, 13:38:28 IST

Some stocks played out as per our projections. Others held their own.

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How the 9 stocks performed on Tuesday

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.

HDIL moved up over 6% to Rs 179.60 from its previous close of Rs 169.10. The company had in an interview said that it will be able to generate Transfer Development Rights (TDR) revenue on account of shifting of slum dwellers. We have a target of Rs 185 for the stock.

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For Petronet we had a buy call above Rs 138.40 with a target of Rs 143.85. The stock touched a high of Rs 140.50 on Tuesday and closed the day at Rs 139.05. We continue to remain bullish on the stock and maintain the price target.

Our sell call on Bombay Dyeing was not triggered, given the strong closing we would like to withdraw the call.

Cairn India has again given us an entry and closed the day at Rs 336, we maintain our price target of Rs 350 for the stock.

On BHEL wehave a buy call which was not triggered.

We had a buy call onMundra Port above Rs 161.10, the stock went past this level and touched a high of Rs 162.75 but slipped later to touch a low of Rs 156.35. Our stop loss of Rs 159 was triggered.

DCHL was a sell call below Rs 65 since Friday, however, the stock moved higher and has stopped us out above Rs 65.80.

We have a sell onAurobindo Pharma below Rs 174.55 but our stop loss of Rs 177.80 has been triggered on Tuesday.

Our sell call on3i Infotech below Rs 48.25 has also been stopped out at Rs 48.55.

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“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 is discussed in our chat sessions on 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.

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