HomeNewsBusinessStocks6 stock ideas to liven up your trade

6 stock ideas to liven up your trade

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.

March 25, 2013 / 09:31 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

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 Jindal Steel & Power. It has formed bullish candlestick pattern on daily chart. Hourly momentum has entered bullish zone. I recommend a buy with a stop loss of Rs 344 and of Rs 360-365.
Buy Titan Industries. It has bounced back strongly from a support of Rs 235 forming bullish candlestick on daily charts. Hourly momentum entering bullish zone, I recommend a buy with a stop loss of Rs 238 for target of Rs 249-252.
  Vishal Kshatriya, Edelweiss
Short Exide Industries. The stock has give triangle pattern breakdown along with good volumes on daily chart. Open interest data also indicates short buildup in the stock. Traders can go short in a range of Rs 126-127 with a target of Rs 119 and maintain stop loss above Rs 130.50.
Short Tech Mahindra. Stock has closed below its short-term moving averages. Technical indicators have also given a sell signal. Open interest data indicates aggressive short built-up in previous two trading sessions. Traders can go short on a bounce till Rs 1060 with a target of Rs 1000 and keep a stop loss at Rs 1100.
Vikrant Jadeja, vibranttrades.com
In last trading sessions we have seen that some of the large cap counters have bounced from the lower levels and we may expect this momentum to continue in next trading session also. One of the stocks with likely momentum is Jindal Steel & Power. We may see certain higher levels in this stock in coming sessions. Buy JSPL around Rs 350 with stop loss of Rs 340 and target of Rs 370 in next one-two trading sessions.
In the last few trading sessions we have seen that pharma sector has been holding the market very strongly. However, looking at the trading history of last two-three trading sessions it seems that pharma stocks may underperform the market in coming sessions and we may see certain kind of corrections in pharma stocks. Sell Cipla Futures around Rs 384-385 with stop loss of Rs 392 and expect a target of Rs 370 in next four-five trading sessions.
first published: Mar 25, 2013 09:31 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!