Check Out: Super Six stocks for July 24

On CNBC-TV18's show Super Six, market gurus Nooresh Merani of AMSEC Research, Rajesh Jain of Religare Securities and Rajeev Agarwal of dynamixresearch.in, 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.

Nooresh Merani of AMSEC Research
My first stock call is a buy on Indiabulls Real Estate with a target price of Rs 80 and a stop loss at Rs 72. The stock is making an inverted head and shoulder pattern, which has a breakout around Rs 75-76 levels. After making a lot of bottoms around Rs 60-65 zone, the stock is showing a lot of momentum. We can expect the stock to touch Rs 80 levels as well as Rs 85 in the short-term.
My second stock call is a buy on Arvind. Over the last few months the stock has been in a range of Rs 70-85. Right now after making a few bottoms at Rs 70-72, it has given a good candlestick pattern yesterday which indicates that this is headed up towards Rs 84 levels in the short-term. So, one can buy the stock at current levels keeping a stop loss at Rs 74 and a target price of Rs 84. Rajesh Jain of Religare Securities Dr Reddys Laboratories has been holding on and the stock is near to its all-time high. One can buy the stock near Rs 2,365 levels keeping a stop loss of Rs 2,340 for higher target of Rs 2,410. Maruti Suzuki India has been underperforming the market and yesterday also when Nifty was up, Maruti Suzuki India was flat. One can short the stock at its current price keeping a stop loss of Rs 1,470 for lower target of Rs 1,410. Rajeev Agarwal of dynamixresearch.in
My first call is sell on Mahindra and Mahindra (M&M). One can attempt shorts in the range of Rs 920-925 with a stop loss above Rs 950 on closing basis. My initial target is around Rs 890 and next logical target is around Rs 860 in next 10-15 trading sessions.
My second call is sell on Federal Bank. One can sell it in the range of Rs 380 to Rs 385. Keep a stop loss above Rs 395 on closing basis. My initial target is around Rs 368 and next logical target is Rs 353 in next 10-15 trading sessions.