6 stocks likely to see lot of action on March 19

On CNBC-TV18's show Super Six, market gurus Rajesh Jain, Religare Sec, Manas Jaiswal, manasjaiswal.com and Shardul Kulkarni, Angel Broking, 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.

Rajesh Jain, Religare Sec Cipla has taken a good support near Rs 380 levels plus in a sideways to bearish market, it is a defensive play. One can buy the stock at any support near Rs 382-386 levels keeping a closing stop loss of Rs 378 for a higher target of more than Rs 410 to be achieved in coming days. Tata Power has not been able to break its resistances and all the important averages. One can short sell the stock at any counter rally near Rs 100 levels keeping a closing stop loss of Rs 102 for lower targets of Rs 94 to be achieved.
  Manas Jaiswal, manasjaiswal.com Maruti Suzuki India has broken an important support of Rs 1,360 and the 200 day moving average (DMA). So, we may see further weakness in the stock. It can test Rs 1,325 in next one or two trading sessions. One can go short at current levels with a stop loss of Rs 1,370.
One should look at Yes Bank. The stock has broken an important support of Rs 465 with higher volume. So, we may see further weakness in the stock. It can test Rs 445 in next one-two trading sessions. One can go short at current levels with a stop loss of Rs 465.
Shardul Kulkarni, Angel Broking
The first stock that we recommend is a sell call with regards to Tata Motors. The chart structure shows that the stock has an intermediate support at Rs 286 levels on March futures. We recommend selling below Rs 286, place a stop loss at Rs 292 and trade bearish for a target of Rs 275 over the next three-four trading sessions.
The second stock that we recommend is a buy call with regards to Bharat Petroleum Corporation Ltd (BPCL). The chart structure has still remained in a higher top-higher bottom structure despite the negative news that the government has not raised diesel prices. Going forward, we expect the stock to move higher over the next six-eight trading sessions. Buy the stock in the range of Rs 389 to Rs 392, place a stop loss at Rs 382 and trade bullish for a target of Rs 407 to 410 in the next six-eight sessions.