Super Six buy or sell call for August 13

On CNBC-TV18's show Super Six, market gurus Manas Jaiswal, manasjaiswal.com, Vishal Kshatriya of Edelweiss and Nooresh Merani of AMSEC Research, 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 Syndicate Bank is making lower tops and lower bottoms on daily charts. Yesterday it has broken the support of Rs 71 with higher volumes, so we may see further weakness. Stock can test Rs 65 in next one-two trading sessions. One can go short at current levels with a stop loss of Rs 73.
For last three trading sessions Indiabulls Real Estate is facing resistance near Rs 63-65. Yesterday we saw selling pressure on higher levels, so we may see further weakness. Stock can test Rs 57 in next one-two trading sessions. One can go short with a stop loss of Rs 63. Vishal Kshatriya of Edelweiss
Buy Britannia Industries. It has given declining trend line breakout with good volumes on its daily chart. Technical oscillators are also trading with a positive bias. Go long at current market price with a target of Rs 800 and stop loss below Rs 700.
Sell Union Bank of India. Overall trend in the stock is negative which is depicted by formation of lower tops and lower bottoms on its daily chart. Stock has strong resistance near Rs 123 levels. Even yesterday after making high near this level stock corrected sharply with good volumes. This clearly indicates that there is supply in the stock near its resistance area. I recommend traders to go short at current market price with a target of Rs 108, maintain stop loss above Rs 123. Nooresh Merani of AMSEC Research
Buy Aditya Birla Nuvo. The stock continues to be in a long-term uptrend and has given a breakout above Rs 1100-1150 zones. The stock should now see good momentum once it crosses Rs 1210 levels. So, momentum trade can be initiated above Rs 1210 levels with a stop loss at Rs 1170 and a target of Rs 1300-1400 in the short-term.
Buy Mahindra and Mahindra (M&M). The stock has declined from Rs 980-1000 levels to around Rs 850-860. There is good amount of support at Rs 840-855 zone, so one can buy the stock at current levels keeping a stop loss at Rs 840 and a target of Rs 900.