6 trading stocks for short term gain

On CNBC-TV18's show Super Six, market gurus Vishal Kshatriya of Edelweiss, Manas Jaiswal of manasjaiswal.com and Aditya Agarwal of Way2Wealth, 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 Kshatriya of Edelweiss
My first pick for the day is going short on Coal India. The stock has given a breakdown of its important level placed on its daily chart. Derivatives data also indicates aggressive short build up in a stock. Technical oscillators are also trading with a negative bias. Traders can go short at current market price with a target price of Rs 260 and a stop loss above Rs 284.
Second pick for the day is going long on CESC. Stock has formed bullish candlestick pattern with good volumes on its daily chart. Technical oscillators have also given a buy signal. I expect stock to trade with a positive bias and recommend going long at current market price with a target price of Rs 355 and a stop loss below Rs 325. Manas Jaiswal of manasjaiswal.com
Yesterday Canara Bank witnessed good buying interest from lower levels and oscillators are showing positive crossover on the daily chart. We may see further recovery. This stock can test Rs 290 in next two-three trading sessions. One can buy the stock at current levels with a stop loss of Rs 260. Jain Irrigation Systems has broken the neckline of inverse head and shoulder pattern on the intraday chart with higher volumes. So we may see a sharp upmove, this stock can test Rs 58 in next two-three trading sessions. One can buy the stock at current levels with a stop loss of Rs 52. Aditya Agarwal of Way2Wealth
First call for the day will be a buy call on Mcleod Russel (India). This stock is trading in the range of Rs 275 and Rs 290 for last couple of trading sessions. Yesterday stock gave the breakout on higher side and it just close above its breakout levels. At current levels, one can initiate long positions keeping a short-term target of Rs 305 and on lower side the stop loss will be Rs 285.
Second call for the day will be a sell call on Siemens. This stock has made a double top pattern and after that we have seen a good correction. Rs 520 is a breakout level on lower side and if Rs 520 is broken then this double top pattern will be confirmed. One can initiate short positions in Siemens in futures, below Rs 520 keeping a first target of Rs 490 and second target of Rs 480 and the stop loss in this call will be Rs 535.