Super Six stocks you can bet on July 13

On CNBC-TV18's show Super Six, market gurus Manas Jaiswal of manasjaiswal.com, Vishal Kshatriya of Edelweiss and Sanjeev Agarwal, Dynamix Research & Capital Management, 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.

Manas Jaiswal of manasjaiswal.com

Last week after making a high of Rs 218 DLF fell sharply. But yesterday it took support at 200 day moving average and witnessed some buying interest. I think this correction is good buying opportunity with a stoploss of Rs 206. Stock can test Rs 221 in next 1-2 trading sessions.

Jaiprakash Associates was trading in the range of Rs 74 and 78 for last 7-8 trading sessions but yesterday it broke this range upside with higher volumes. So now we may see a sharp up move. Stock can test Rs 83 in next 1-2 trading sessions. One can buy it with a stop loss of Rs 76.50

 

Vishal Kshatriya of Edelweiss

My first pick for the day is going short on Crompton Greaves. The stock has given a trend line breakdown along with good volumes placed on its hourly chart. Short term oscillators on daily chart have given a fresh sell signal. Open interest data indicates aggressive short buildup in the stock in previous trading sessions. I recommend traders to go short at current market price with first target of Rs 124 and final target of Rs 121 maintaining stop loss above Rs 133.

Second pick is long call on Godrej Industries. Yesterday the stock has given a breakout of its declining trend line along with good volumes on its daily charts. Momentum oscillators on daily chart continue to trade with a positive bias. We have also seen a marginal long buildup in the stock. I recommend traders to go long at current market price with a target price of Rs 265 maintaining stop loss at Rs 245.

 

Sanjeev Agarwal, Dynamix Research & Capital Management

ACC had given a very strong breakout few days back and now it is in a consolidation. We can buy it at current market price with a stop loss below Rs 1200 on a closing basis for a target of Rs 1350.

We can buy Apollo Tyre at current market price for a target of Rs 88 with a stop loss below Rs 80.