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Stock Check: DLF lives up to the promise
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  • Stock Check: DLF lives up to the promise

Stock Check: DLF lives up to the promise

Shishir Asthana • December 20, 2014, 13:53:11 IST
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The stock play was such that a couple of them missed out, but others played to our tune.

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Stock Check: DLF lives up to the promise

_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.

Orchid Chemicalswas a buy call which was not triggered on Tuesday.

Allahabad Bankfell lower during Tuesday, closing nearly 1 percent lower at Rs 203.50. The call was also not triggered as the stock did not cross Monday’s high.

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Bombay Dyeingtriggered our stop loss as it crossed below Rs 369. We had a buy call on the company above Rs 383.85.

[caption id=“attachment_40338” align=“alignleft” width=“380” caption=“Figuring it out. Punit Paranjpe/Reuters”] ![](https://images.firstpost.com/wp-content/uploads/2011/07/marketnewre3.jpg "People walk pass the Bombay Stock Exchange building in Mumbai") [/caption]

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Sell call on DLF achieved its price target of Rs 225 on Tuesday.

Essar Oilwas a buy call with a target of Rs 135. The stock touched a high of Rs 131.40 and closed at Rs 127.60 on Tuesday. We maintain our call and the price target for the company.

ICICI Bankwas a sell call with a price target of Rs 1,015. The stock touched a low of Rs 1,037 on Tuesday and closed at Rs 1,037.10. It hit a low of Rs 1,046.65 on Monday. We have a target of Rs 1,015 for the stock, which we maintain.

India Cementswas a sell call with a target of Rs 70. The company plunged to a low of Rs 71.10 and closed at Rs 71.50 on Tuesday. We continue our sell call and maintain the target.

We have a sell call on United Phosphorus since Friday with a target of Rs 150. The stock tripped to a low of Rs 149.40, thus crossing past our target.

Patni Computershas been a sell call since Wednesday below Rs 341.15. The stock tumbled to a low of Rs 331.95 on Tuesday and closed at Rs 336. We maintain our price target of Rs 330 for the stock.

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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 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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