Super Six stocks you can bet on March 8

On CNBC-TV18's show Super Six, market gurus Vishal Kshatriya, Edelweiss, Shardul Kulkarni, Angel Broking and Rakesh Gandhi, FRR shares, 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 Kshatriya, Edelweiss
My first pick for the day is going long on Yes Bank. The stock has given declining trendline breakout on its intraday chart. Technical oscillators have also given a buy signal. Open interest (OI) data indicates a long build up in a stock. I would recommend short-term traders to initiate long in the range of Rs 485-490 with a target price of Rs 520 maintaining stop loss below Rs 475.
My second pick for the day is going short on Coal India. The stock has given trendline breakdown with good volumes on its daily chart. Technical oscillators continue to trade the negative bias. Yesterday, we have seen aggressive short build up in the stock. Traders can initiate short in a range of Rs 307 to Rs 310 with a target price of Rs 295 and a stop loss above Rs 316.
  Shardul Kulkarni, Angel Broking
The first stock that we will recommend is a buy call with regards to the oil marketing company (OMC) Bharat Petroleum Corporation Ltd (BPCL). The chart structure shows a trendline breakout on the daily chart as well as a flag breakout on the hourly chart. Buy the stock on the March futures contract in the range of Rs 395 to Rs 393, place a stop loss at Rs 386 and trade bullish for the target of Rs 415 over the next six-eight trading sessions.
The second stock that we recommend is also a buy call with regards to Oil and Natural Gas Corporation (ONGC). The chart structure shows that there is a possibility of a clear trendline breakout above the levels of Rs 322. Buy the stock only and only above Rs 322, place a stop loss at Rs 317 and trade bullish for a target of Rs 332 over the next three-four trading sessions.
Rakesh Gandhi, FRR shares
My first pick for the day is Union Bank of India. The stock has sharper decline from the level of Rs 288 and found a buying interest near its long-term support of Rs 210. While falling, it has formed a falling channel pattern and recently it has breached the falling trendline of the channel pattern, which is indicating that momentum is likely to pick up and hence a buy call for a target of Rs 248 with a stop loss of Rs 214.
My second pick for the day is CESC. The stock has started making higher highs and higher low pattern after seeing a buying interest near its long-term support of Rs 275. It has also closed above its recent short-term moving average, which indicates that bullishness will continue and hence a buy call for a target of Rs 310 with a stop loss of Rs 280.