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Stock Check: Tata Motors halts; Exide on the move

Firstposthas 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.

Axis Bankwas a buy call above Rs 1,340 with a price target of Rs 1,400. The stock touched a high of Rs 1,367.55 and closed at Rs 1,353. We continue with our call and maintain the price target.

Abanwas a sell call below Rs 490 with a target of Rs 475. The stock touched met our target as it touched a low of Rs 474.25.

 Stock Check: Tata Motors halts; Exide on the move

Tata Motorswas a sell call however our moving stop loss was triggered. Krishnendu Halder/Reuters

We had initiated a sell call on Reliance Industriesbelow Rs 823.15 with a target of Rs 790. The stock touched a low of Rs 821.35 and closed at Rs 830.85. We maintain our sell call and price target on the stock.

Bajaj Autowas a buy call above Rs 1,450 with a target of Rs 1,500. The stock scaled a high of Rs 1,497.40 on Monday and closed the day at Rs 1,486.40. We maintain our call and price target for the stock.

Bank of Barodawas also a buy call above Rs 874.55 with a target of Rs 900. The stock hit a high of Rs 897.95 on Monday but closed lower during the day at Rs 878.90.

Dish TVwas a buy call above Rs 84.50, which was triggered on Thursday. The stock went up to a high of Rs 86.80 on Monday and closed the day at Rs 86.10. We maintain our target of Rs 90.

Exidewas a buy call with a target of Rs 160, which was activated on Wednesday. The stock climbed to a high of Rs 157.95 on Monday but closed lower at Rs 153.05. Though we remain positive on the stock, we would like to increase our stop loss to Rs 152.10.

EKCwas a sell call below Rs 91.55 with a target of Rs 86. The stock hit a low of Rs 91, but touched a high of Rs 93.75, triggering our stop loss of Rs 93.

Tata Motorswas a sell call below Rs 965.65. However, our moving stop loss above the high of Friday at Rs 955.90 was triggered.

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

FIRSTPOST DISCLAIMER:Firstpostbrings 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.Firstpostdoes not take any responsibility for any losses incurred by investors who take their cues from our posts and chat sessions.

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Updated Date: Dec 20, 2014 14:01:05 IST