6 stocks likely to see lot of action today

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6 stocks likely to see lot of action today

On CNBC-TV18's new show Super Six, market gurus Hemen Kapadia, CEO, chartpundit.com, Vishal B Malkan, CMT, www.malkansview.com and Shardul Kulkarni of Angel Broking, place their bets on two stocks each, thus offering investors a variety of options to choose from.

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Excerpts from Bazaar on CNBC-TV18 Watch the full show » ALSO READ See what other Experts & Brokerages are saying about BGR Energy See messages about BGR Energy

On CNBC-TV18's new show Super Six, market gurus Hemen Kapadia, CEO, chartpundit.com, Vishal B Malkan, CMT, www.malkansview.com and Shardul Kulkarni of Angel Broking, 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.

Hemen Kapadia, CEO, chartpundit.com

My first pick for today is BGR Energy , it is a sell call. The stock has faced resistance from the 55 day exponential moving average. It has given a mini breakdown on the intraday charts. There has also been negative divergence on the intraday charts, suggesting there could be a short term fall. One can sell BGR energy at Rs 230 with a stop loss of 233 and a target of Rs 224. This is a shorter term call valid more from an intra day point of view.

My second pick for today in Titan Ind , it is a buy call. The stock has reflected strength by giving a breakout. It has given a breakout from 8 trading sessions consolidation phase. There has been the requisite support from mechanical indicators indicating that the stock could further appreciate from here. Keeping that in mind one can buy Titan at around Rs 192 with a stoploss of Rs 189 and a target of Rs 198. It is shorter term call valid more from an intraday point of view.

Vishal B Malkan, CMT, www.malkansview.com

My first pick is Titan . It has given a breakout of Friday on daily charts. I recommend a buy with a stoploss of Rs 188 for targets of Rs 198 & 202.

My second pick is Hindustan Petroleum . It has given a breakout on volatility bands on daily as well as a breakout on momentum charts on hourly. I recommend a buy with a stoploss of Rs 265 for targets of Rs 278 & 286.

Shardul Kulkarni of Angel Broking

Sell Educomp Jan futures in the range of Rs 205-208, place a stop loss at Rs 221 & target price of RS 180-178 over next 6 to 8 trading session.

One can sell Cairn India below Rs 343 with a stoploss of Rs 350.05 for target of Rs 320.