Super Six buy & sell calls for May 06

On CNBC-TV18's show Super Six, market gurus Manas Jaiswal of manasjaiswal.com, Rajeev Agarwal of www.dynamixresearch.in and Arunesh Madan of Augment Investment, 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 of manasjaiswal.com Adani Port has given a triangular breakout on daily chart with higher volumes. So we may see a sharp up move, stock can test Rs 160 in next one-two trading sessions. One can buy the stock at current levels with a stop loss of Rs 153. Siemens is making higher tops and higher bottoms on daily chart and now it has broken the resistance of Rs 550 with higher volumes. So now it can test Rs 580 in next one-two trading sessions. One can buy the stock at current levels with a stop loss of Rs 550. Rajeev Agarwal of www.dynamixresearch.in
Sell Ambuja Cements at around Rs 190 and keep stop loss above Rs 195 on closing basis. My initial target is around Rs 183 and next logical target is around Rs 178 in short-term.
Sell Karnataka Bank around Rs 145 and keep a stop loss above Rs 155 on closing basis and hold for lower targets around Rs 125-135 in short-term. Arunesh Madan of Augment Investment
Buy Tata Consultancy Services (TCS) in the range of Rs 1410-1420 by keeping a stop loss below Rs 1400 levels on a closing basis as the stock has formed a bullish pattern on the daily candlestick charts on Thursday followed by a mild bout of profit taking on Friday. This decline provides a very good entry point. Look for a target of Rs 1460 and 1500 in the coming days. Tech Mahindra has closed very close to its 100 day moving average in Friday’s trade. Look to buy this stock once it begins to trade above the Rs 993 levels keeping a stop loss below the Rs 980 levels on a closing basis and one can expect a target of Rs 1010-1045 in coming days.