Super six stocks ideas for December 20

On CNBC-TV18's show Super Six, market gurus Vikrant Jadeja of Vibranttrades.com, Shardul Kulkarni of Angel Broking and Rajesh Jain of Religare Sec, 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 of Vibranttrades.com Sell Axis Bank December futures at Rs 1339 with a stoploss at Rs 1369; keep an initial target of Rs 1290 and next target of Rs 1275. Stock has moved by almost Rs 140 from the levels of Rs 1250. It is consolidating since last many sessions but it seems that stock is ready for a breakdown in near future. Sell Axis Bank December Futures around Rs 1339 with stop loss of Rs 1369 on closing basis. Expect a target of Rs 1290 and next target of Rs 1275 in next four-five trading sessions. Buy Tata Chemicals at Rs 348 with a stoploss at Rs 341; keep an initial target of Rs 360 and next target of Rs 368. Stock is good for buying for short-term as well as long-term. Also stock has given a breakout on daily as well as weekly charts which is a good indication for a stock. Buy Tata Chemicals around Rs 348 with stop loss of Rs 341 on closing basis. Expect a target of Rs 360 and next target of Rs 368 in next four-five trading sessions. Shardul Kulkarni of Angel Broking Buy Coal India December futures Rs 358-360 with a target price of Rs 375 and keep a stoploss at Rs 354. Over the past seven to ten trading sessions stock has been in a corrective downtrend but in yesterday's trading session stock has given a strong reversal after testing the lower end of the bollinger band. We expect a strong pullback in case of Coal India, buy the stock December Futures in the range of Rs 358-360, place a stop loss at Rs 354 and trade bullish for a target of Rs 375. Buy Wipro at Rs 382-385 with a target of Rs 405 and keep a stoploss at Rs 373. The stock has been in a good strong higher top higher bottom cycle over the past two months. And we expect this positive trend to continue. Buy the stock in the range of Rs 382 to Rs 385, place a stop loss at Rs 373 and trade bullish for a target of Rs 405 over the next seven to ten trading sessions. Rajesh Jain of Religare Securities Buy Ranbaxy Labs at current levels with a target price of Rs 550 and keep a stoploss at Rs 495. Ranbaxy Laboratories has closed above its 200 day exponential moving average on the daily chart yesterday. The stock is trading close to its important supports around Rs 495-500 levels. In an uncertain market one can buy the stock at its current market price keeping Rs 495 as a closing stop loss for target of Rs 550 to be achieved in coming days. Buy Colgate at Rs 1425-1435 with a target price of Rs 1500 and keep a stoploss at Rs 1395. It has retraced 61.8 percent from the 52 week high at Rs 1482 levels. Yesterday the stock bounced back sharply indicating that it is again gone in a bullish momentum. One can buy the stock around Rs 1425-1435 levels keeping a closing stop loss of Rs 1395 for a target of Rs 1500 plus in coming days.