On CNBC-TV18's show Super Six, market gurus Vikrant Jadeja, vibranttrades.com, Rajeev Agarwal, dynamixresearch.in and Manas Jaiswal, manasjaiswal.com, place their bets on two stocks each, thus offering investors a variety of options to choose from. Investors can read into the detailed analysis before agreeing to any or all the bets.
Vikrant Jadeja, vibranttrades.com
Mahindra and Mahindra (M&M) has been consolidating in a range of few points since last 10 trading sessions. However, in last trading session it seems that a breakout is very much evident in this counter in next coming sessions. Buy M&M February Futures up to the levels of Rs 892 with closing stop loss of Rs 882. Expect a target of Rs 920 in next two-three trading sessions.
Rajeev Agarwal, dynamixresearch.in
Sell Century Textiles as we are maintaining continuous bearish view on the market and market is confirming that. Sell Century below Rs 374 and keep a stop loss above Rs 390 on closing basis. My initial target is around Rs 356 and below Rs 356 it may touch Rs 335 in short-term.
Sell Sintex Industries below Rs 58 and keep a stop loss above Rs 62 on closing basis. Initial target is around Rs 53-54 and below Rs 53 it may touch new 52 week low of Rs 50 in short-term.
Manas Jaiswal, manasjaiswal.com
Sell Uco Bank. For last three-four trading sessions UCO Bank was trading in the range of Rs 66-68 but now it has broken this range downside with higher volumes, so now it can test its August low of Rs 61 in next two-three trading sessions. One can go short with stop loss of Rs 67.
Tata Consultancy Services (TCS) is making higher tops and higher bottoms on the daily chart. Yesterday it broke the resistance of Rs 1420 with higher volumes, so now stock can test Rs 1475 in next one-two trading sessions. One can buy the stock at current levels with a stop loss of Rs 1419.