6 intraday picks to make smart gains

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
My first trade idea for short-term is IndusInd Bank. This counter has made a new lifetime high in last trading session but it has closed below the previous session’s closing price which indicates some weakness in this counter. Also looking at the current scenario, going fresh long in banking counter is not suggestible as per risk reward ratio. Sell IndusInd Bank December futures around the rate of Rs 419 with the stop loss of Rs 425 on closing basis. Expect a target of Rs 409 and Rs 404 in next three-four trading sessions.
My second trade idea for short-term is Arvind. Candlestick pattern on daily charts suggest that some kind of retressive move may emerge on the downside in this counter soon. Sell Arvind December futures around Rs 91-91.50 with stop loss of Rs 93 on closing basis. Expect a target of Rs 88 in next three-four trading sessions.
  Shardul Kulkarni of Angel Broking
The first stock that we will recommend is a buy call in Praj Industries. The chart structure suggests a clear flag breakout in yesterday’s trading session and going forward we expect the positive momentum to continue. Buy the stock in the range of Rs 51.50 to Rs 52, place a stop loss at Rs 49.50 and trade bullish for a target of Rs 58 in the next six-eight trading sessions.
The second stock that we will recommend is a sell call in the December futures contract for Sintex Industries. The chart structure of Sintex shows a very strong lower top, lower bottom cycle and we expect the counter to fall in the next few trading sessions. Sell the stock near Rs 63 mark with a stop loss at Rs 65 and trade bearish for a target of Rs 59 in the next five-seven trading sessions.
Rajeev Agarwal of www.dynamixresearch.in
My first call is buy a Torrent Power. As we have seen strong momentum in power sector yesterday one can buy it at current market price and any decline upto Rs 165 and keep a stop loss below Rs 155 on closing basis. In short-term we expect target of around Rs 180-185.
My second call is buy on Punjab & Sind Bank. One can buy it if it sustains above Rs 71 and keep a stop loss below Rs 65 on closing basis. In short-term we expect target around Rs 78-85 in this counter.