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Stock check: Bajaj Auto in the driver's seat, rolls on
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  • Stock check: Bajaj Auto in the driver's seat, rolls on

Stock check: Bajaj Auto in the driver's seat, rolls on

Shishir Asthana • December 20, 2014, 14:00:38 IST
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It’s bull’s eye for some of the stocks. Others carried on with their own game.

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Stock check: Bajaj Auto in the driver's seat, rolls on

_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.

[caption id=“attachment_50760” align=“alignleft” width=“380” caption=“Amit Dave/Reuters”] ![](https://images.firstpost.com/wp-content/uploads/2011/07/bajajre.jpg "School children pack a auto-rickshaw on their way to school in Ahmedabad") [/caption]

Bajaj Autowas a buy call above Rs 1,450 with a target of Rs 1,500. The stock scaled a high of Rs 1,482 on Friday and closed the day at Rs 1,470. We maintain our call and price target for the stock.

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Bank of Barodawas also a buy call above Rs 874.55 with a target of Rs 900. The stock hit a high of Rs 881 on Friday and closed the day at Rs 880.

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CESCwas a buy call which was not triggered on Friday.

Dish TVwas a buy call above Rs 84.50, which was triggered on Thursday. The stock went up to a high of Rs 86.70 on Friday and closed the day at Rs 85.00. We maintain our target of Rs 90.

Divis Labwas also a buy call which was triggered above Rs 837.90 on Wednesday. However, the stock triggered our stop loss below Rs 827 on Friday.

Exidewas a buy call with a target of Rs 160, which was activated on Wednesday. The stock climbed to a high of Rs 156 on Friday and closed the day at Rs 155. We maintain our buy call and the price target.

EKCwas a sell call below Rs 91.55 with a target of Rs 86. The stock hit a low of Rs 89.20 and closed at Rs 89.40 on Friday. Though we maintain the target of Rs 86, we move the stop loss to Rs 93.

Our sell call onTata Motorswas triggered below Rs 965.65. The stock dived to a low of Rs 940 and closed at Rs 953 on Friday. We maintain our price target of Rs 925.

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GAILwas a short sell call below Rs 464.55 with a target of Rs 445. However, on Friday, our stop loss was triggered as the stock crossed Thursday’s high of Rs 462.45.

“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.

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