On CNBC-TV18's show Super Six, market gurus Shardul Kulkarni of Angel Broking, Vikrant Jadeja of Vibrant Trades and Rajeev Agarwal of www.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.
Shardul Kulkarni of Angel Broking
The first stock that we will recommend is a buy call with regards to Bank of Baroda. The stock has good strong support near the levels of Rs 715 and is currently trading at Rs 730. We expect a bounce towards Rs 770-775. Buy the stock in the range of Rs 730-735, place a stop loss at Rs 714 and trade bullish for a target of Rs 770 in the next 6-8 trading sessions.
The second stock that we will recommend is a buy call with regards to Tech Mahindra. The chart structure of Tech Mahindra clearly shows a very strong higher top higher bottom cycle and IT stocks in general are doing quite okay. We recommend buying Tech Mahindra above the levels of Rs 915, place a stop loss at Rs 890 and trade bullish for a target of Rs 970 in the next 7-10 trading sessions.
Vikrant Jadeja of Vibrant Trades
My first trade idea for the day is Sun TV November Futures. In this counter we have seen a good movement on the upside since last many sessions. Sell Sun TV November futures around the rate of Rs 380 with stop loss of Rs 386 on closing basis, expected target of Rs 368 and next target of Rs 365 in next two to three trading sessions.
My second trade idea for the day is Bharti Airtel November Futures. Looking at the counter we have seen the stock has moved up from the levels of Rs 280 to Rs 313 in last many sessions. It seems that now the upside move has been exhausted and we may see some downside correction. Sell Bharti November Futures around the level of Rs 308 with stop loss of Rs 313 on closing basis. Expect a target of Rs 298 in next two to three trading sessions.
Rajeev Agarwal of www.dynamixresearch.in
My first call is a buy on NCC. One can buy it in the range of Rs 42-41 and keep a stop loss below Rs 39 on closing basis and hold for targets of Rs 47-52 in medium term.
My second call is buy on Bajaj Finserv. After a strong rise it has completed its correction now and ready to move upward again. So, one can buy it here with any decline towards Rs 820 with closing stop loss below Rs 800 and hold for medium term targets of Rs 900-950.
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