6 stocks likely to see lot of action today

On CNBC-TV18's show Super Six, market gurus Manas Jaiswal, manasjaiswal.com, Manav Chopra, Nirmal Bang and Rakesh Gandhi, FRR 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.

Manas Jaiswal, manasjaiswal.com
For last one month National Hydroelectric Power Corporation (NHPC) was facing a resistance near Rs 21 but now it has broken this resistance with higher volumes. So, we may see a sharp upmove, the stock can test Rs 23.50 in next two-three trading sessions. One can buy the stock at current levels with a stop-loss of Rs 20.50. Adani Enterprises has crossed 61.80 percent retracement level of its previous fall. So, we may see further upmove. The stock can test Rs 235 in next two-three trading sessions. One can buy the stock at current levels with a stop-loss of Rs 210. Manav Chopra, Nirmal Bang Century Textiles and Industries has been in a short-term downtrend forming a series of lower lows and highs. The stock has recently formed a bearish engulfing pattern along with the negative reversal in the momentum indicators, which suggests Rs 297 and Rs 298 are the crucial hurdles on the upside. One can maintain a sell-on-rise approach with a stop-loss of Rs 300 for a downside target of Rs 280.
My next pick is Dabur India. The stock has been on a cyclical uptrend and has managed to exceed its recent swing high which confirms the continuation of the uptrend. The stock has breached its recent resistance with a big bullish candle accompanied by sharp volumes. The momentum indicators on the higher timeframe charts continue to remain in a buy mode which is further positive. One can maintain a buy with a stop-loss of Rs 139 for an upside target of Rs 152. Rakesh Gandhi, FRR shares
My first pick for the day is Ranbaxy Laboratories. After seeing a sharp decline, it has seen a good buying interest from lower levels. Now, it is sustaining above its 50-day exponential moving average (EMA) and it is also forming higher highs and higher lows pattern indicating that the momentum is likely to continue and hence a buy call for a target of Rs 475 with a stop-loss of Rs 435.
My second pick for the day is Tech Mahindra. The stock has been seeing good support on a rising trendline ever since it has seen a breakout from a large consolidation pattern. Eventually, the rising trendline has been broken and price is trading now below that trendline indicating that now the trend has changed and hence needs to be short on rallies upto Rs 990 for a lower target of Rs 925 with a stop-loss of Rs 1,020.