Super Six short term picks for June 25

On CNBC-TV18's show Super Six, market gurus Manas Jaiswal of manasjaiswal.com, Arunesh Madan of Augment Investment and Rakesh Gandhi of LKP, 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 Reliance Capital is making higher tops and higher bottoms on the daily charts. And on Friday it broke the resistance of Rs 350 with higher volumes. So now the stock can test its 200 day moving average which is placed at Rs 370. So, one can buy it at current levels with a stop loss of Rs 345. TTK Prestige is making inverse head and shoulder pattern on the daily chart, which is a sign of reversal. Now the stock can break the neckline and can test Rs 3200 in next 1-2 trading sessions. One can buy the stock at current levels with stop loss of Rs 3040.
  Arunesh Madan of Augment Investment
Buy Maruti Suzuki in the range of Rs 1095-1100 as the stock has formed a bullish pattern on the daily charts besides the stock is trading very close to its long term support of Rs 1055-1075. Keep a stop loss below Rs 1070 on a closing basis and look for a target of Rs 1130 and 1145 in the coming days.
I have a buy call on ONGC in the range of Rs 275-280 as the stock has broken out from an inverted head and shoulder pattern on the daily charts. The target for this breakout is somewhere close to Rs 305-315 and keep a stop loss below Rs 260 on a closing basis.
Rakesh Gandhi of LKP Multi Commodity Exchange of India has been in a very tight trading range since last 3 weeks and on the weekend it has closed above its resistance line of Rs 1040. This breakout above the resistance line could take the stock to the levels of Rs 1125 and can be bought with a stop loss of Rs 1013. BF Utilities has gained more than 5% in last week and has closed above its 200 days moving average with good volumes. The stock has remained in a tight trading range in last 6 months and eventually last week it has seen some momentum and hence can be bought for a target of Rs 450 and stop loss of Rs 400.