Super Six stocks you can bet on April 8

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
The first stock that we will recommend is a buy call with regards to Oil and Natural Gas Corporation (ONGC). The chart structure of ONGC suggests that the stock is in a downward sloping channel pattern. We recommend buying the stock only and only above the levels of Rs 317, which coincides with a breakout of this downward sloping channel. Buy above Rs 317, place a stop loss at Rs 306 and trade bullish for a target of Rs 340 over the next six-eight trading sessions.
The second stock that we will recommend is a buy call with regards to Venkys. The stock has been in a higher top, higher bottom cycle since the beginning of February. Going forward, we see higher levels for this counter. Buy the stock only and only above the levels of Rs 550 and place a stop loss at Rs 530.
  Rajeev Agarwal, dynamixresearch.in
My first call is buy on Hindalco Industries. One can buy it if it sustains above Rs 90.25 levels with a stop loss below Rs 86.50. My initial target is around Rs 93.50 and above Rs 94, it may recover upto Rs 97-98 level in short-term.
My second call is buy on Adani Power. One can buy it with a stop loss below Rs 42. My initial target is around Rs 48 and next logical target is around Rs 52-51 in short-term.
  Vikrant Jadeja, Vibrant Trades
Despite of good amount of bearishness in the market, we may see certain kind of positive bounce in coming sessions, in public sector undertaking (PSU) banking stocks. One of the stocks is UCO Bank. Buy UCO Bank at current market price (CMP) with stop loss of Rs 57.50 and expect a target of Rs 63.50 in next two-three trading sessions.
In the last few trading sessions, we have seen that good amount of selling pressure has emerged in almost all the auto stocks but certain kind of good formation around the level of Rs 148-150 has been observed in Tata Motors (DVR) and certain kind of bounce is expected as a short covering in this counter in coming sessions.
Buy Tata Motors DVR at current market price with a stop loss of Rs 147 and expect a target of Rs 154 to Rs 155 in next one-two trading sessions.