Check Out: Super Six stocks for May 15

On CNBC-TV18's show Super Six, market gurus Rakesh Gandhi of FRR Shares, Shardul Kulkarni of Angel Broking and Vishal Kshatriya of Edelweiss, 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.

Rakesh Gandhi of FRR Shares

Buy Ranbaxy Laboratories. Yesterday after opening with a gap down stock has recovered with huge volumes. Short-term hourly charts and averages are indicating that momentum can continue and hence can be bought around Rs 450 with a stop loss of Rs 430 and short-term target of Rs 470.

Short Bajaj Auto. The stock has closed below its long-term support level of Rs 1800 and has also breached 200 days exponential moving average indicating that downward momentum can continue and hence can be shorted on a rally around Rs 1800 with a stop loss of Rs 1830 and a target of Rs 1740.

Shardul Kulkarni of Angel Broking

Buy L&T Finance Holdings. It has given a strong consolidation over the past couple of trading sessions and looks ready for a breakout on the upside. This will result in a flag breakout and substantial upside can be seen in the counter. Buy the stock above the levels of Rs 80.25, place a stop loss at Rs 77 and trade bullish for a target of Rs 88 over the next three-five trading sessions.

Sell Dena Bank May Futures. Post the results the stock has given a gap down movement and in the last two trading sessions it has been unable to fill that particular gap. We recommend selling the stock May Futures contract below the levels of Rs 90, place a stop loss at Rs 92 and trade bearish for a target of Rs 85 over the next four-six trading sessions.

Vishal Kshatriya of Edelweiss

Buy Zee Entertainment. Stock has given trend line breakout with good volumes on its intraday chart. Technical oscillators are trading with a positive bias. Derivatives data also indicates long built-up in the stock. I would recommend traders to go long at current market price with target of Rs 280 and maintain stop loss below Rs 240.

Short Reliance Capital. Stock has given trend line breakdown with good volumes on daily chart. Besides this it has closed below its important support of 20 day moving average. Derivates data indicates aggressive short built up in previous trading sessions. I would recommend traders to go short on May Futures at Rs 360 with a target of Rs 330 and maintain stop loss above Rs 375.