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6 stock ideas to liven up your trade

On CNBC-TV18's show Super Six, market gurus Vishal Malkan, malkansview.com, Rajeev Agarwal, dynamixresearch.in and Vikrant Jadeja, vibrantrades.com, place their bets on two stocks each, thus offering investors a variety of options to choose from.

March 13, 2013 / 09:05 IST
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On CNBC-TV18's show Super Six, market gurus Vishal Malkan, malkansview.com, Rajeev Agarwal, dynamixresearch.in and Vikrant Jadeja, vibrantrades.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
Sell Power Finance Corporation (PFC). It has formed a bearish engulfing pattern at 20 day moving average. Hourly momentum has entered into bearish zone. I recommend a sell with a stop loss of Rs 203 for target of Rs 195-192.
Sell Reliance Infrastructure. It has been an underperformer in the recent rally. Hourly trend line has broken, momentum is bearish. I recommend a sell with a stop loss of Rs 433 and target of Rs 418-410.
 
Rajeev Agarwal, dynamixresearch.in
Sell Cipla. We had suggested to sell it earlier also and it hit our target of Rs 355 but now it is giving pullback near to its resistance levels again. So, one can sell it here, keeping a stop loss at Rs 402. My initial target is around Rs 370 and next logical target is Rs 355 in short-term.
Sell Dish TV. One can sell it here and keep a stop loss of Rs 76 on closing basis. My initial target is around Rs 65-63 and below Rs 63 it may crack to Rs 57 in short-term.
 
Vikrant Jadeja, vibrantrades.com Voltas has been hammered from the levels of Rs 100 to almost Rs 77 in last few trading sessions. Looking at current scenario it seems that stock has formed some kind of base around the level of Rs 80 and we may expect some kind of reversal on the upside in this counter. Buy Voltas around Rs 83-83.5 with closing stop loss of Rs 81.25 and expect a target of Rs 87-88 in next two-three trading sessions.
Sell Cipla. After making a peak around level of Rs 438 Cipla has formed some kind of downtrend with a formation of lower highs and lower lows. Looking at current scenario it seems that stock’s position is in the overbought zone which indicates that some kind of lower levels can be expected soon. Sell Cipla March Futures around Rs 390 with closing stop loss of Rs 395 and a target of Rs 380-375 in next three-four trading sessions.
first published: Mar 13, 2013 08:47 am

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