Stock Check: Indian Hotel fails to get the big picture

_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 Powerwas a buy call above Rs 114.65. However, the stock crossed this high but immediately fell back and closed near the low of the day, in the process triggering our stop loss of Rs 114.

Educompwas a sell call which was not triggered.

[caption id=“attachment_43378” align=“alignleft” width=“380” caption=“We stopped out of the trade for Indian Hotel. Vivek Prakash/Reuters”]  [/caption]

Hotel Leelawas a buy call with a price target of Rs 47. The stock hit a high of Rs 45.55 on Monday and closed the day at Rs 45.35. We continue with our call and the price target for the stock.

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Exidewas a buy call with a target of Rs 175. The stock climbed a high of Rs 171.70 on Monday and closed at Rs 168.05. We maintain the target for the company.

Chambal Fertiliserwas a buy call with a target of Rs 88. However, our stop loss below Friday’s low of Rs 84.35 was activated.

Indian Hotelwas a sell call below Rs 78.35 with a target of Rs 74. We were, however, stopped out of the trade as the stock moved higher and crossed our stop loss of Rs 79.50 on Monday.

Allahabad Bankwas a buy call with a target of Rs 215. The stock moved up to a high of Rs 210.50 and closed at Rs 209 on Monday. We maintain the target of Rs 215 for the stock.

Bank of Barodawas a buy call with a target of Rs 915. The stock hit a high of Rs 890, but closed lower at Rs 877. We maintain the price target for the stock, but move our stop loss to Rs 875.

Ideawas a buy call above Rs 79.45 with a target of Rs 85. The stock went up to a high of Rs 81.75 and closed at Rs 80.10 on Monday. We maintain our target on the stock.

“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.