Super Six short term picks for April 9

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 Broking
Pharmaceutical stocks have been doing well over the last couple of trading sessions and the latest one to join the list is Cipla. The chart structure of Cipla over the last 12-15 trading sessions is quite bullish. The stock has given a flag breakout and going forward we expect significant upside in case of this counter. Buy the stock on declines towards the levels of Rs 392, place a stop loss at Rs 385 and trade bullish for a target of Rs 412 over the next six-eight trading sessions.
The second stock that we will recommend is a buy call on Hindustan Unilever. The stock was consolidating over the past six-eight trading sessions and has now given a breakout on the upside. We recommend buying this particular stock on declines towards Rs 472, place a stop loss at Rs 460 and trade bullish for a target of Rs 505 over the next eight-ten trading sessions.
Rajeev Agarwal, dynamixresearch.in
My first call is buy on Gujarat State Petronet (GSPL). After a strong rise it is now giving pullback near to its breakout level of Rs 67. So, one can buy it here with the stop loss below Rs 65. My initial target is Rs 70 and next logical target is Rs 73 in short-term.
My second call is buy on Hexaware. It is showing strong pattern on the chart. So, one can buy it here around Rs 92 with the stop loss below Rs 89 and book partial profit around Rs 95. Above Rs 95 it may touch Rs 100-105 in short-term.
Vikrant Jadeja, Vibrant Trades
Looking at the current scenario of the market it seems that still there is some pain left in some of the banking counters. One of them is Allahabad Bank. Certainly we may see certain kind of lower levels in Allahabad Bank in next few sessions. Sell Allahabad Bank April Futures at current market price with stop loss of Rs 130 and expect a target of Rs 122-120 in next one-two trading sessions. Grasim Industries has fallen from the levels of Rs 3,000 to almost Rs 2,700, but looking on daily charts as per candlestick formation it seems that some kind of short-term reversal on the upside is expected in this counter in coming sessions. Buy Grasim Industries at current market price with stop loss of Rs 2,690 and expect a target of Rs 2,775-2,780 in next one-two trading sessions.