Super Six short term picks for today

Published on Fri, Jan 13, 2012 at 08:36 |  Source : CNBC-TV18

Updated at Fri, Jan 13, 2012 at 09:37  

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On CNBC-TV18's show Super Six, market gurus Hemen Kapadia, CEO of chartpundit.com,  Sanjeev Agarwal, CEO, Dynamix Research & Capital and Vishal B Malkan, CMT, www.malkansview.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.


Hemen Kapadia, CEO of chartpundit.com

Tata Motors has reflected strength by giving a breakout if sorts. It has closed above the 55 DMA. It has also posted a fresh 5 month high. It continues its higher tops and higher bottoms indicating its intentions to appreciate further. One can buy at Rs 206 with a stoploss of Rs 203 and a target of Rs 212. This is a shorter term call valid from an intraday point of view.

Buy CESC . It has reflected strength by giving a breakout on the hourly charts. Infact the hourly MACD has also signaled a buy. There has been a volume expansion followed by higher top higher bottom on the intraday charts. Simply put, it is a decent intraday call. One can buy at Rs 225 with a stoploss of Rs 222 and target of Rs 232. This is a shorter term call valid from an intraday point of view.

 

Sanjeev Agarwal, CEO, Dynamix Research & Capital

DCB is showing very good strength and we can buy it above Rs 41.50 for a target of Rs 45.5 and stoploss below Rs 39.

JSW Steel has shown a very good breakout with heavy volumes. We can buy it at CMP with a stoploss below Rs 600 and target of Rs 670 & 695.

 

Vishal B Malkan, CMT, www.malkansview.com

Sun TV has given a breakout on daily charts. Also volatility bands have expanded. One can buy with a stoploss of Rs 295 for target of Rs 307 and 311.

VIP has given a strong close above the resistance of Rs 91 yesterday with huge volumes. I recommend a buy with a stoploss of RS 91.50 for target of Rs 97.50 and 101.

  

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