6 trading stocks for short term gain

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 Infosys November futures. The chart structure shows a good strong bullish engulfing pattern near to very strong support level of Rs 2300. We recommend buying the November futures in the range of Rs 2330-2335, place a stop loss at Rs 2295 and trade bullish for a target of Rs 2420 in the next 6-8 trading sessions.
Sell Yes Bank. The banking stocks have not been doing too well over the past few trading sessions and Yes Bank specifically has a very strong bearish engulfing pattern. Going forward, expect the stock to move lower. Sell the stock November futures in the range of Rs 416-419, place a stop loss at Rs 426 and trade bearish for a target of Rs 400.
  Vikrant Jadeja of Vibrant Trades
Buy Bajaj Electricals. We have seen this stock has fallen from the levels of Rs 233 to Rs 192 and now has been consolidated in a range and now it is ready to move up. Buy Bajaj Electricals at current market price with stop loss of Rs 195 on closing basis and expect target of Rs 225 in next 5-6 trading sessions.
Buy Welspun Corp. Total traded volume in last one session in this counter has been highest in last one year. Two third of this total traded volume has been contributed by the total deliverable volumes which indicates some informed buying is there in this counter. Buy it at current market price with stop loss of Rs 99.5 on closing basis, expect a target of Rs 115 and next target of Rs 120 in next 6-7 trading sessions.
 
Rajeev Agarwal of www.dynamixresearch.in
Market is in a downside correcting mode and after this correction market should move to new high of this rally by December end to mid January. So buy on Welspun Corp, after strong accumulation it is now showing strength. So one can buy it with a stop loss below Rs 99 and hold for target of Rs 114-124 in short-term.
Buy Rural Electrification Corporation (REC) with a stop loss below Rs 215 and target of Rs 234 and Rs 250 by December end and mid January.