On CNBC-TV18's show Super Six, market gurus Shardul Kulkarni Angel Broking, Rajeev Agarwal, dynamixresearch.in and Vikrant Jadeja, Vibrant Trades share, 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.
Shardul Kulkarni, Angel BrokingBuy State Bank of India (SBI). The daily chart structure of SBI shows a downward sloping trend line breakout and the momentum oscillators clearly indicate positive divergence. Buy SBI above Rs 2050, stop loss should be placed at Rs 2010 and trade bullish for a target of Rs 2160-2180 over the next six-eight trading sessions.
Buy Larsen and Toubro (L&T). The chart structure of L&T shows a downward sloping wedge breakout and going forward we expect a significant up move in case of this particular counter. Buy the stock in the range of Rs 1370-1375, place a stop loss at Rs 1345 and trade bullish for a target of Rs 1475 over the next seven-eight trading sessions.
Rajeev Agarwal, dynamixresearch.in
Buy Adani Enterprises. One can buy it at around Rs 205 and keep a stop loss below Rs 195 on closing basis, book part profit around Rs 218.
Buy Bank of Baroda if it sustains above Rs 656 level, keep a stop loss below Rs 630 on closing basis. My initial target is Rs 664 and above that it may touch Rs 710 in short-term.
Vikrant Jadeja, Vibrant Trades Dish TV has managed to close above the trading range of last six-seven trading sessions of Rs 2.5-3 which indicates the strength in the counter. In come sessions we may see some kind of higher levels in this counter. Buy Dish TV at current market price, keep a stop loss of Rs 68 and expect a target of Rs 73-74 in next two-three trading sessions.
On daily charts of Hexaware Technologies we have observed some kind of reversal pattern and also on weekly charts we have seen that stock has resumed some kind of up trend move from the lower levels. Also stock has managed to close above the support levels of Rs 92 which cannot rule out the possibilities of a bounce in coming sessions. Buy Hexaware at current market price with stop loss of Rs 90 and expect a target of Rs 96-97 in next three-four trading sessions.
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