6 intraday picks to make smart gains

On CNBC-TV18's show Super Six, market gurus Vishal Malkan, CMT, 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.

Vishal Malkan, CMT
Buy Idea Cellular. After four-five days of consolidation it has started picking up yesterday with good volumes. Hourly momentum is bullish. I recommend a buy with a stop loss of Rs 125 for target of Rs 130-132.
Sell Tata Consultancy Services (TCS). It has formed some indecisive candles on daily chart. Hourly momentum has turned bearish. I recommend a sell with a stop loss of Rs 1500 for target of Rs 1465-1455.
  Shardul Kulkarni of Angel Broking
Buy Tech Mahindra. The chart structure shows the possibility of a formation of a bullish head and shoulder pattern. We recommend buying this stock above the levels of Rs 995, place a stop loss at Rs 970 and trade bullish for a target of Rs 1050 over the next six-eight trading sessions.
Buy Apollo Tyres. It has given a decent correction in the last couple of trading sessions and has corrected to take support near the 20 day moving average. However, the chart structure is still very much bullish. Thus we recommend buying Apollo Tyres above the levels of Rs 95, place a stop loss at Rs 93 and trade bullish for a target of Rs 101 over the next four-six trading sessions.
  Vishal Kshatriya of Edelweiss
Short Jindal Steel & Power (JSPL). We have seen aggressive short buildup in the stock in previous trading sessions. Technical oscillators are also trading with a negative bias. Traders can initiate short on May Futures in the range of Rs 310-315 with a target of Rs 290 and stop loss above Rs 325.
Go long on Dena Bank. Stock has given a breakout on its intraday charts. Technical oscillators are also trading with a positive bias. Open interest data indicates marginal long built up in the stock. Traders can initiate long in the range of Rs 92-93 with a target of Rs 98 and stop loss below Rs 90.