Super Six trading ideas for June 21

On CNBC-TV18's show Super Six, market gurus Vishal B Malkan, CMT, www.malkansview.com, Vishal Kshatriya of Edelweiss and Sanjeev Agarwal, CEO, 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.

Vishal B Malkan, CMT, www.malkansview.com Hindustan Oil Exploration Company (HOEC) has broken the resistance on daily chart. Hourly chart is tagging the upper Bollinger band, momentum is bullish. I recommend a buy with a stoploss of Rs 121 and target of Rs 127 and 129. Crompton Greaves had a huge move yesterday with good volumes bullish candlestick on daily pattern and there is high volumes on daily charts. I recommend a buy with a stop loss of Rs 117 and target of Rs 122-124.
 
Vishal Kshatriya of Edelweiss Siemens has given inverse head and shoulder pattern breakout along with good volumes on its daily charts. Derivatives data indicates aggressive long buildup in the stock in previous trading session. I expect this counter to trade with a positive bias in days to come and hence recommend going long at current market price with target price of Rs 760 and stop loss of Rs 675. Voltas has generated trend line breakdown along with good volumes on its daily charts. Beside this it has breached and closed below its support of 20 DMA indicating negative momentum in the stock. Oscillators on daily charts have already given a sell signal. I would recommend traders to go short in a range of Rs 100 and 102 with target price of Rs 94, maintaining stop loss at Rs 106.
  Sanjeev Agarwal, CEO, Dynamix Research & Capital Management
We can buy Escorts at current market price and accumulate this stock at ever decline with a stop loss below Rs 61 and target of Rs 70-74. Above Rs 76 this stock will breakout further and the targets will be around Rs 90.
We can buy Lanco Infra only above Rs 14, with a stop loss below Rs 12.5 for a target of around Rs 16. Above Rs 17 this stock will breakout further for a target of Rs 25 plus and one can keep a stop loss of Rs 11.