Super Six trading ideas for March 26

On CNBC-TV18's show Super Six, market gurus Vishal Malkan, malkansview.com, Vishal Kshatriya, Edelweiss and Vikrant Jadeja, vibranttrades.com, 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.

Vishal Malkan, malkansview.com
Buy Axis Bank. It has been consolidating since last three-four days making indecisive candles on daily chart. Hourly chart is oversold. Expect a bounce from these levels. I recommend a buy with a stop loss of Rs 1295 and target of Rs 1330-1340.
Buy HCL Tech, a strong outperformer in the market taking support at 20 day moving average. I recommend a buy with a stop loss of Rs 760 for target of Rs 785 and Rs 792.
  Vishal Kshatriya, Edelweiss
Short Hero Motocorp. Stock has seen aggressive short buildup which is indicated by open interest data. Besides this stock continues to trade below short-term moving averages which clearly indicates that overall momentum in a stock is negative. Traders can initiate short at current market price of Rs 1620 with a target of Rs 1500 and maintain stop loss above Rs 1670.
Sell Tata Steel. Short-term trend in the stock is negative which is depicted by formation of lower tops and lower bottoms on its daily chart. Yesterday stock has broken down and closed below its important support area. I am expecting stock to trade with a negative bias and recommend going short at current market price with a target of Rs 300 and Rs 290, maintain stop loss above Rs 332.
 
Vikrant Jadeja, vibranttrades.com
Buy Godrej Industries. It has given a breakout on daily charts with good amount of increased volume which suggest that certain kind of higher levels can be expected in this counter after a good amount of consolidation of six-seven trading sessions. Buy Godrej around Rs 295 with stop loss of Rs 290 and target of Rs 302-305 in next three-four trading sessions.
After making peak around Rs 570 Hindustan Unilever (HUL) has continuously declined from this peak in last five months. Looking at the current scenario it seems that this downside may be over and we may see some kind of upside reversal in this counter in coming sessions. Buy HUL around Rs 463 with stop loss of Rs 455 and target of Rs 480-490 in next five-six trading sessions.