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Stock check: Tata Motors DVR on a roll, Dr Reddy's trips
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  • Stock check: Tata Motors DVR on a roll, Dr Reddy's trips

Stock check: Tata Motors DVR on a roll, Dr Reddy's trips

Shishir Asthana • December 20, 2014, 13:49:31 IST
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The results threw up a mixed picture. Some hit the target while others charted their own course.

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Stock check: Tata Motors DVR on a roll, Dr Reddy's trips

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.

Divi’s Laboratories was a long call in which we have been triggered. The stock touched a high of Rs 803.70, but closed lower at Rs 795 on Monday. We maintain our target of Rs 825 for the company.

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GVK Power was a buy call above Rs 20.30 with a target of Rs 22. The stock triggered us in and touched a high of Rs 20.60 and closed at Rs 20.30 on Monday.

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Idea Cellular was a buy call, but was not triggered.

[caption id=“attachment_36334” align=“alignleft” width=“380” caption=“Get clued in to market trends to stay ahead. Ajay Verma/Reuters”] ![](https://images.firstpost.com/wp-content/uploads/2011/07/stockre1.jpg "A terminal operator speaks on telephones at local stock market in Chandigarh") [/caption]

Our buy call on India Cements was triggered above Rs 73.40. The stock touched a high of Rs 74.90 but closed near the low of the day at Rs 72.20 on Monday. Tough we maintain the price target of Rs 77, we would move the stop loss higher to Rs 72.

Our buy onMundra Port was not triggered.

We have been stopped out of our sell call on CESC above Rs 300.

Cairn touched a high of Rs 329.70 as compared to our target of Rs 330 on Monday. It closed the day at Rs 323.50. We maintain our target of Rs 330, but move the stop loss to Rs 321.50.

Tata Motors DVR was a buy call with a stop loss of Rs 535 and a target of Rs 560. The stock scaled a high of Rs 556.35 on Monday and closed the day at Rs 553.60. We continue with our target of Rs 560 for the stock.

We have been stopped out of our sell call onDr Reddy’s Lab above Rs 1,550.

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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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