Feb 15, 2013, 11.36 AM IST
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.
Vikrant Jadeja, vibranttrades.com
Despite of good amount of bearishness in the market certain stocks are likely to move upwards and Jet Airways is one of them. We can expect some kind of upward moves in Jet Airways in coming sessions. Buy Jet Airways around Rs 595 with closing stop loss of Rs 585. Expect a target of Rs 620 in next one-two trading sessions.
Despite a fall of almost 100 points in last one month, GAIL India has found a multiple support around the level of Rs 325 and in last trading sessions it has bounced from this level. Buy GAIL India February Futures around Rs 330 to Rs 332 with closing of Rs 325. Expect a target of more than Rs 345 in next two-three trading sessions.
Our call is a sell on IFCI . One can attempt shorts here and any pullback towards Rs 31 and keep a stop loss above Rs 33 on closing basis. My initial target is around Rs 27.5 and next logical target is around Rs 25.
My call is a sell on Rural Electrification Corporation (REC). One can sell it if it sustains below Rs 230 level and keep stop loss above Rs 242. My initial target is around Rs 218 and next logical target is around Rs 205.
Tata Steel has made a piercing pattern on the daily chart and oscillators are showing positive crossover, so we may see a recovery. The stock can touch Rs 395 in next one-two trading sessions. One can buy the stock at current levels with a stop loss of Rs 375.
GAIL India has made a bullish engulfing pattern on the daily chart and oscillators are showing positive crossover. We may see recovery in GAIL. The stock can test Rs 345 in next one-two trading session. One can buy it with a stop loss of Rs 330.
Action in Jet Airways
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