Top super six ideas that you can bet on

On CNBC-TV18's show Super Six, market gurus Vishal Malkan of malkansview.com, Arunesh Madan of Augment Investment and Gaurav Ratnaparkhi of Sharekhan 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.

Arunesh Madan of Augment Investment Jubilant Foodworks have broken below an important psychological level of Rs 1,000 in Wednesday’s trade. The stock also broke below its previous intermediate bottom. Look to short this stock on any pullback in the region of Rs 995 to Rs 1,000, keep a stop loss above Rs 1,010 level and going forward we can see a target of Rs 960 and Rs 935. Idea Cellular has seen a very sharp rebound from a level of Rs 125 in the last three trading sessions. The current strength in the counter should be used as an opportunity to create short positions. Look to short this stock closer to a level of Rs 136, keep a stop loss above Rs 138.50 levels on closing basis and going forward one can look for a target of Rs 131 and Rs 127. Gaurav Ratnaparkhi of Sharekhan
I have a long call on Kotak Mahindra Bank. The stock has recently done a three wave correction and to mark end of the correction the stock on the hourly chart has formed an ending diagonal pattern in terms of Bollinger band study. The stock has fallen from daily upper Bollinger band towards the lower Bollinger where 40 day moving average (DMA) is providing additional support to the stock. And the combination usually acts as a strong supports, even the risk reward ratio is excellent to initiate fresh long positions. So one can buy the stock at current level with stop loss of Rs 735 and target on the upside from two-three days perspective will be Rs 775.
I am bullish on NTPC. The stock has recently done a complex correction and in terms of Fibonacci retracement, it has retraced 61.8 percent of the previous rise. And from that golden ratio mark the stock has started moving up once again. The daily momentum indicator is showing a positive divergence which adds to the bullish bias. So, overall the stock can move up to test the recent high, which is around Rs 162.90 whereas from three-four days perspective the target will be Rs 157 and the stop loss can be placed at Rs 147. Vishal Malkan of malkansview.com
My first pick is Infosys. It has formed a bearish pattern on daily chart. Hourly momentum has entered bearish zone. I recommend a sell with a stop loss of Rs 2,410 for targets of Rs 2,360 and Rs 2,330.
My second pick is Tata Consultancy Services (TCS). It failed to cross the level of Rs 1,500 and came back from there. I recommend a sell with a stop loss of Rs 1,465 for targets of Rs 1,430 and Rs 1,420.