On CNBC-TV18's show Super Six, market gurus Vikrant Jadeja, vibranttrades.com, Rajeev Agarwal, dynamixresearch.in and Manas Jaiswal, manasjaiswal.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.
Vikrant Jadeja, vibranttrades.com Havells India has been trading in a range of few points in last two trading sessions. Looking at the techncials on daily and intraday charts it seems that breakout is very much evident in this counter soon. Buy Havells India around Rs 665-668, maintain a closing stop loss of Rs 657 and expect a target of Rs 685-690 in next two-three trading sessions. Bata India has fallen from the levels of Rs 900 to almost Rs 750. Looking on daily charts it is seen that we can expect some kind of reversal move on the upside also in this counter soon. Buy Bata around Rs 785 with closing stop loss of Rs 776 and expect a target of Rs 825-830 in next three-four trading sessions.
Rajeev Agarwal, dynamixresearch.in
Sell Adani Power. One can sell below Rs 54.70 level and keep a stop loss above Rs 59 on closing basis. On lower side we may expect target around Rs 50-46 in short-term.
Sell Cipla. On daily chart it is showing head and shoulder breakdown below Rs 387 level, so one can attempt shorts in the range of Rs 385-388 and keep a stop loss above Rs 402 on closing basis. On lower side we may expect Rs 370-355 level in short-term.
Manas Jaiswal, manasjaiswal.com Adani Port has made a bullish engulfing pattern on the charts, so we may see a correction. The stock can test Rs 145 in next two-three trading sessions. One can go short at current levels with a stop loss of Rs 155. Exide Industries was moving sideways in the range of Rs 120-126 from last 10-15 days. Yesterday it broke this range upside with higher volumes. Now stock can test Rs 135 in next two-three trading sessions. One can buy the stock at current levels with a stop loss of Rs 126.
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