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Super Six short term picks for Dec 6

On CNBC-TV18's show Super Six, market gurus Vikrant Jadeja of vibranttrades.com, Shardul Kulkarni of Angel Broking and Rajeev Agarwal of www.dynamixresearch.in, place their bets on two stocks each, thus offering investors a variety of options to choose from

December 06, 2012 / 11:16 IST
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On CNBC-TV18's show Super Six, market gurus Vikrant Jadeja of vibranttrades.com, Shardul Kulkarni of Angel Broking 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.

Vikrant Jadeja of vibranttrades.com
In Peninsula Land we have seen a good breakout with increased volumes, which suggests further upside may emerge in this counter soon. Buy it around Rs 74-75 with a stop loss of Rs 70 on a closing basis, expect a target of Rs 80 and Rs 84 in next three-four trading sessions.
My second stock suggestion for short-term is JK Tyre and Industries. In this counter we have seen a good increased volume with breakout which indicates this movement may continue in short term also on the upsides. Buy the stock around Rs 120 to Rs 120.50 with the stop loss of Rs 115, expect a target of Rs 130 in next four-five trading sessions.
  Shardul Kulkarni of Angel Broking
The first stock that we will recommend is a buy call in Shree Renuka Sugars. The chart structure of Renuka Sugar clearly shows that momentum is building up in the counter and we expect this momentum to continue over the next four-six trading sessions. Buy the stock with stop loss of Rs 32, for a potential target of Rs 37 in the next four-six trading sessions.
The second stock that we will recommend is a buy call in case of MTNL. The stock has shown a very strong correction from Rs 40 levels right upto Rs 25 and we expect a bounce in the near-term in this counter. Buy the stock with the stop loss of Rs 25 for a potential target of Rs 31 over the next 10-15 trading sessions.
Rajeev Agarwal of www.dynamixresearch.in
My first stock is a buy on Bata India. After a smart upmove it is now in consolidation mode, so one can buy it here. Any decline upto Rs 905 and keep a stop loss below Rs 880 and hold for targets around Rs 945 to Rs 970 in coming days.
My second call is a buy on Everonn Education. One can buy here at current market price and keep a stop loss below Rs 134 on a closing basis. My first target is around Rs 155. Above Rs 155 next logical target is around Rs 175 in this counter.
first published: Dec 6, 2012 09:32 am

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