Super Six: Stocks you can bet on Jan 30

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Super Six: Stocks you can bet on Jan 30

On CNBC-TV18's new show Super Six, market gurus Investment Advisor, Rajesh Jain, Rakesh Gandhi of LKP and Vishal Kshatriy of Edelweiss, place their bets on two stocks each, thus offering investors a variety of options to choose from.

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On CNBC-TV18's Super Six show, market gurus Investment Advisor, Rajesh Jain, Rakesh Gandhi of LKP and Vishal Kshatriy of Edelweiss, 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.

Investment Advisor, Rajesh Jain

IT stocks had a good rally on Friday. Mahindra Satyam also moved higher on good volumes. One can buy keeping a stoploss of Rs 73. A closing above Rs 78 can take the stock higher to target of Rs 83.

Deccan Chronicle closed sharply higher on Friday alongwith good volumes. One can buy keeping a stoploss of Rs 43 and a target of Rs 48.

Rakesh Gandhi, LKP

Buy GVK Power with a target of Rs 20 and keep a stoploss at Rs 14

Buy Mphasis with a target of Rs 420 and keep a stoploss at Rs 360

Vishal Kshatriy, Senior Derivative and Technical Analyst of Edelweiss

Go long on Indian Hotels . The stock has generated inverse head and shoulders pattern alongwith good volumes placed on its daily charts. Short term oscillators on daily charts continue to trade with a positive bias. We have seen aggressive long build up in the counter in previous trading sessions. Long can be generated at current market price with a target of Rs 70 and stoploss of Rs 62.50.

Go long on Hindustan Zinc . The stock has generated declining trendline breakout alongwith good volumes placed on its weekly and daily charts. Momentum oscillators have also given a buy signal, also seen aggressive long build up in previous trading sessions. Traders can go long at current market price with target price of Rs 145 and stoploss of Rs 127.