Super Six stocks you can bet on Dec 14

On CNBC-TV18's show Super Six, market gurus Manas Jaiswal of manasjaiswal.com, Rakesh Gandhi of FRR Shares and Vishal B Malkan, CMT, 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.

Manas Jaiswal, manasjaiswal.com

Tata motors has broken an important resistance of Rs 285 yesterday with higher volumes. So, now we may see a sharp upmove. Stock can test Rs 305 in next three to four trading sessions. One can buy the stock at current levels with a stop loss of Rs 281.

Bharti Airtel is making higher tops and higher bottoms on the chart. Yesterday we saw good buying interest from lower levels. Stock it made a bullish engulfing pattern on the charts. So, now it can test its previous high of Rs 340 in next three to four trading sessions. One can buy it with a stop loss of Rs 310.

 

Rakesh Gandhi, FRR Shares

My first pick for the day is Aditya Birla Nuvo. The stock has been consolidating since 2009 and recently it saw a breakout and saw a very smart run-up after that. Currently it is showing some retracement of the smart gains that it has seen in last few weeks. However, as of now it can be bought between Rs 1050 and Rs 1070 for a target of 1125 with a stop loss of Rs 1020.

My second pick for the day is United Spirits. The stock has seen a stupendous rally in last few weeks. Recently some price diversion was noticed in oscillators indicating the upward move is getting exhausted. Yesterday it saw a very sharp downward move of 5 percent indicating that further downward pressure is there and hence it can be sold for a target of Rs 1775 with a stop loss Rs 1940.

 

Vishal B Malkan, malkansview.com

My first pick is Steel Authority of India. It is a sell call. Overall it has been underperforming the market. I recommend a sell with a stop of Rs 82.50 for a target of Rs 79.50 and Rs 78.50.

My second pick is Indian Overseas Bank (IOB). It has formed a bearish engulfing pattern on daily charts. Hourly momentum is bearish. I recommend a sell with a stop of Rs 85 for targets of Rs 81.50 and Rs 80.