Stock Check: The chemistry clicks for Aurobindo Pharma

_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_52706” align=“alignleft” width=“380” caption=“Aurobindo Pharma touched a low of Rs 159.50 on Tuesday and met our target. Mark Blinch/Reuters”]  [/caption]

Aurobindo Pharmawas a sell call below Rs 168.50 with a target of Rs 162. The stock touched a low of Rs 159.50 on Tuesday and met our target.

More from Investing

MSMEs are breaking the traditional convention. Look who’s funding them Scale-up your startup without an investor! Here’s how

Dena Bankwas also a sell call with a target of Rs 80. The stock hit a low of Rs 83.25 on Tuesday and closed at Rs 83.80. We maintain our sell call and target for the stock.

Neyveli Lignitewas also a sell call with a target of Rs 92. The stock plunged to a low of Rs 95.35 on Tuesday and closed at Rs 95.75. We maintain our sell call and target on the stock.

Our buy call onBajaj Holdingwas not triggered on Tuesday.

Reliance Infrawas a sell call below Rs 535, which was not triggered on Tuesday.

Axis Bankwas a buy call above Rs 1,340 with a price target of Rs 1,400. We were stopped out of the trade below Monday’s low of Rs 1,346.50.

We have a sell position onReliance Industriesbelow Rs 823.15 with a target of Rs 790. The stock touched a low of Rs 818.50 on Tuesday, but closed higher at Rs 837.50. We maintain our sell call and price target on the stock, but move our stop loss above Tuesday’s high of Rs 839.

Dish TVwas a buy call above Rs 84.50 with a target of Rs 90. We were however, stopped out of the trade below Rs 85 on Tuesday.

Exidewas a buy call with a target of Rs 160. However, our stop loss of Rs 152.10 was set off on Tuesday.

“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.