Super Six short term picks for Feb 6

On CNBC-TV18's show Super Six, market gurus Vishal Malkan, malkansview.com, Rajesh Jain, Religare Securities and Rakesh Gandhi FRR shares, 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
Sell Tech Mahindra. On daily chart it has formed bearish candle, on weekly chart it has shown some divergences. Hourly momentum is bearish. I recommend a sell with a stop loss of Rs 988 for target of Rs 955 and 945.
Buy Bajaj Auto. It has been outperforming the market in last couple of days. It is a buy call. I recommend a buy with stop loss of Rs 2080 and target of Rs 2125-2135.
Rajesh Jain, Religare Securities
In an uncertain market stocks of FMCG and pharma are likely to do good. Hindustan Unilever (HUL) stock has fallen quite a lot and after that it has taken a bounce and again is in a sideways correction. One can buy HUL at current price keeping a closing stop loss of Rs 450 for higher target of Rs 490 to be achieved in coming days. Grasim Industries is overall in a long-term uptrend and we are observing that the cement stocks are doing better than the other stocks. One can buy this stock at current price keeping a closing stop loss of Rs 2950 for higher target of Rs 3100.
  Rakesh Gandhi FRR shares
Buy Sun Pharmaceutical Industries. After making a high of Rs 775 this stock has been continuously sliding down and retraced almost 10 percent from its recent high. Yesterday it gained 4 percent with heavy volumes indicating the momentum has picked up. Short-term averages and chart patterns suggest that once again the stock could make a new high and hence can be bought for a target of Rs 810 with stop loss of Rs 720.
Buy United Spirits. The stock has been continuously drifting down since November 2012 and while drifting down it has formed a falling channel pattern. If the stock sustains above Rs 1900 it would breach the falling trend line of the channel indicating the momentum is likely to pick up. Hence if it sustains above Rs 1900 the stock can be bought for a target of Rs 2000 with a stop loss of Rs 1850.