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
Buy Coal India. The stock has been moving in a downward sloping channel over the past couple of trading sessions and is on the very of giving a breakout on the upside. We recommend buying Coal India above Rs 356, place a stop loss at Rs 351 and trade bullish for a target of Rs 365 over the next 4-6 trading sessions.
Buy Infosys. Stock has given a clear bullish engulfing pattern on Friday’s trading session and post that we have seen a decline towards the support level of Rs 2300. Buy in the range of Rs 2310-2320, place a stop loss at Rs 2280 and trade bullish for a target of Rs 2420 in the next 6-8 trading sessions.
Vikrant Jadeja of Vibrant Trades
Buy Coal India. We may see a breakout on upside in this counter in near future. Buy it around Rs 354 with stop loss of Rs 350 on closing basis, expect a target of Rs 363-365 in next 3-4 trading sessions.
Buy ICICI Bank. In this counter we have seen a continuous selling pressure in last 7-8 trading sessions, it seems that now selling pressure has been exhausted and now stock is ready to move up. Buy it around Rs 1026, maintain a stop loss of Rs 1015 on closing basis, expect a target of Rs 1043-1055 in next 3-4 trading sessions.
Rajeev Agarwal of www.dynamixresearch.in
Buy Sun TV Network. On daily chart it has given a strong breakout above Rs 375 so one can buy with a stop loss below Rs 355 for targets of Rs 400-405 in short term.
Buy Ashok Leyland. After a strong rally it is now giving pull back near its breakout level of Rs 25. So one can buy it in the range of Rs 25 with stop loss below Rs 23 and hold for targets of Rs 28-30 in short-term.
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