Check out: Top super six ideas for the day

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.

Vishal Malkan, malkansview.com Tata Steel has been underperforming as well as the sector is underperforming since the last few days. It has formed a bearish candlestick pattern on daily charts closing below the important support of Rs 280 levels. I recommend a sell with a stop of Rs 282 for targets of Rs 269 and Rs 266. Tata Motors has closed below an important level of Rs 300 in the last couple of consecutive days, forming bearish candlestick pattern on hourly charts, momentum entering bearish zone. I recommend a sell with the stop of Rs 300 for targets of Rs 287 and Rs 285. Arunesh Madan, Augment Investment Kotak Mahindra Bank has managed to give a close below its 15-day moving average (DMA) for the second day on Tuesday. Look to short this stock on any pullback in the region of Rs 752-755, keeping a stop loss above Rs 765 levels and going forward we can expect a target of Rs 735 and Rs 720. Tata Consultancy Services (TCS) has formed a bearish pattern at the top end of its trading range. Look to short this stock once it begins to trade below Rs 1,500 levels, keep a stop loss above Rs 1,525 levels and going forward we can expect a target of Rs 1,470 and Rs 1,450. Gaurav Ratnaparkhi, Sharekhan
I have a sell call in IDFC. The stock recently formed a bearish flat pattern and broke out on the downside. Short-term momentum indicators are in line with the bearish pattern breakout. In the last session, this stock has broken a medium-term rising trendline. All these observations suggest that the stock has a considerable downside potential from current levels. So one can sell, IDFC futures with stop loss of Rs 143.30 and the target on the downside will be Rs 133.50 and the timeframe will be around 2-3 sessions.
My second sell call is on Reliance Infrastructure. Reliance Infrastructure has recently done a three-wave pullback which got over near its crucial daily moving averages (DMAs). From there, the stock has resumed with the larger downtrend. Daily momentum indicator has formed a bearish hook pattern, which suggests that bears have made a strong comeback. Overall Reliance Infrastructure futures can fall back towards its recent low that is Rs 315. However, from trading perspective, target will be Rs 342 and the stop loss can be placed at Rs 368.30.