Super Six short term picks for Dec 13

On CNBC-TV18's show Super Six, market gurus Manas Jaiswal of manasjaiswal.com, Rakesh Gandhi of FRR Shares and Vikrant Jadeja of vibranttrades.com, 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
For last one month Petronet LNG was moving sideways but yesterday it has given a triangular breakout. So now we may see a sharp move. Stock can test Rs 170 in next one-two trading sessions. One can buy the stock at current levels with a stop loss of Rs 161. Pantaloon Retail is making higher tops and higher bottoms on the daily chart. Yesterday it witnessed good buying interest from lower levels, it has made a bullish engulfing pattern on the charts. So we may see further upmove. Stock can test Rs 240 in next one-two trading sessions. One can buy the stock at current levels with a stop loss of Rs 228.

Rakesh Gandhi, FRR Shares
My first pick for the day is Bajaj Auto. After remaining between Rs 1,400 and Rs 1,800 for more than a year, stock has seen a breakout from a weekly consolidation pattern. This breakout has a potential to see a level upto Rs 2,250. Currently, the uptrend is strengthening and hence the stock can be bought for a target for Rs 2,200 with a stop loss of Rs 1,900.
My second pick for the day is IndusInd Bank. Stock has seen a sharp rally from the level of Rs 360 upto Rs 429, which was its all time high. After making all time high, the stock has been retracing down and making lower lows-lower high pattern on a daily closing basis.
Recently, it has also closed below its short-term moving average indicating that it could see further lower levels and hence can be shorted for a target of Rs 380 with a stop loss of Rs 415.
  Vikrant Jadeja of vibranttrades.com
My first stock suggestion for short-term is Castrol India. This counter has fallen from the levels of Rs 335 to Rs 285 and now it is being consolidated. We may see some kind of retressive move on the upside in this counter in coming sessions. One can buy Castrol around Rs 291.50 with stop loss of Rs 286 on closing basis. Expect target of Rs 300 and next target of Rs 305 in next two-three trading sessions.
My second stock suggestion for short-term is Petronet LNG. We have seen good momentum in last trading session in this counter. We may see some kind of breakout on the upside in this counter soon. One can buy Petronet around a rate of Rs 163 to Rs 164 with stop loss of Rs 160 on closing basis expect a target of Rs 170 in next two-three trading sessions.