Super Six stocks you can bet on Dec 23

On CNBC-TV18's show Super Six, market gurus Arunesh Madan, Founder and Director of Augment Investment, Manas Jaiswal of www.manasjaiswal.com and Vishal Kshatriya of Edelweiss, 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, Technical Analyst of www.manasjaiswal.com

After a sharp fall, Everest Kanto Cylinder took support at lower levels and bounced back sharply. On the daily charts it has made a engulfing bullish pattern and both the oscillators are showing positive cross over. So we may see further recovery in the stock and it can test Rs 35. One can buy with stoploss of Rs 29.

VIP Industries has made a morning star pattern on the daily charts and both the oscillators are showing positive cross over. So now it can correct its recent fall and test Rs 96. One can buy at current market price with stoploss of Rs 81.

Arunesh Madan, Founder and Director of Augment Investment Pvt ltd

I have buy call on Tata Motors DVR. Tata Motors DVR has underperformed Tata Motors stock by 10% in last quarter. Buy in the region of Rs 87.50-88, stoploss below Rs 85 and target of Rs 98-100. Call valid until the end of the settlement.

Sell on Idea Cellular. In yesterday's trade the stock has broken below a very ago support of Rs 80. Though in line with the market reversal, the stock manages to close above this level. Short the stock at Rs 82.5-83, with a stoploss above Rs 85 and target of Rs 76.

Vishal Kshatriya, Senior Derivative and Technical Analyst at Edelweiss

Go long on HUL. Overall trend in the counter is bullish which is depicted by formation of higher tops and higher bottoms placed on its daily charts. Yesterday the stock has generated triangular pattern break out along with good volumes. Momentum oscillators continue to trade with a positive bias. Open Interest data indicates aggressive long build up in the counter. Hence, I recommend going long at current market price with a target of Rs 430 with a stoploss of Rs 395.

Go long on IDFC. Yesterday the stock has formed bullish candlestick pattern along with good volumes. Momentum oscillators on daily as well as hourly charts have given a buy signal. I am expecting stock to trade with a positive bias in day's to come. Long can be initiated at current market price with target of Rs 107 and stoploss below Rs 98.