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Super Six trading bets for the day
On CNBC-TV18's in Super Six show, market gurus Hemen Kapadia, CEO of chartpundit.com, Parag Doctor of Motilal Oswal Securities and Sanjeev Agarwal, CEO of Dynamix Research & Capital Management, place their bets on two stocks each, thus offering investors a variety of options to choose from.
On CNBC-TV18's in Super Six show, market gurus Hemen Kapadia, CEO of chartpundit.com, Parag Doctor of Motilal Oswal Securities and Sanjeev Agarwal, CEO of Dynamix Research & Capital Management, 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
One can buy Areva T&D at Rs 220 with stoploss of Rs 217 and target of Rs 226. This is an intraday call valid from a short term point of view.
One can sell BHEL at Rs 1605 with a stoploss of Rs 1615 and target of Rs 1585. The stock continues to post lower tops and bottoms.
Parag Doctor of Motilal Oswal Securities
We at Motilal Oswal Securities would like to recommend to buy Action Construction . This stock has been relatively stable in a trading range between Rs 40 and 50. The stock is expected to move upto the Rs 50 levels with the stop loss at Rs 45 which is below the 200-day average.
Buy Deepak Fertilizer . The stock is trading around the 200 day average which is at Rs 165 levels. The stock is expected to move up to the Rs 180 levels with the stoploss at Rs 160.
Sanjeev Agarwal, CEO of Dynamix Research & Capital Management
We can see more weakness in Axis Bank . We can sell at Rs 1112 and upto Rs 1120 with stoploss of Rs 1136 for a target of Rs 1080.
Larsen and Toubro has broken a major support of Rs 1500, so we can sell at Rs 1490 with a target of Rs 1450 for a stoploss above Rs 1515.
