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Super Six stocks you can bet on Dec 27

On CNBC-TV18's show Super Six, market gurus Rajeev Agarwal of dynamixresearch.in, Manas Jaiswal of manasjaiswal.com and Vishal Malkan of malkansview.com, place their bets on two stocks each, thus offering investors a variety of options to choose from.

December 27, 2012 / 11:08 IST
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On CNBC-TV18's show Super Six, market gurus Rajeev Agarwal of dynamixresearch.in, Manas Jaiswal of manasjaiswal.com and Vishal Malkan of malkansview.com, 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.

Rajeev Agarwal of dynamixresearch.in
My first call is buy on Idea Cellular. It is trading in the range of Rs 104 to Rs 70 for quite long time but now on the verge of breakout on upper side. If it sustains above Rs 104, one can buy it with closing stop loss below Rs 99 and hold for targets in the range of Rs 110 to Rs 115.
My second call is buy on Valecha Engineering. One can buy it here with a closing stop loss below Rs 59 and hold for short-term targets of Rs 71 and Rs 80 in next three-four weeks.
  Manas Jaiswal of manasjaiswal.com
After making a strong base near Rs 104, Tata Power bounced back sharply and broke the resistance of Rs 108 with higher volumes. So now, it can test its previous high of Rs 113 in next one-two trading sessions. One can buy the stock at current levels with a stop loss of Rs 107. Tube Investment has taken support near 50 percent retracement level of its previous rally and bounced back sharply. Now, it can test its previous high of Rs 221 in next one-two trading sessions. One can buy the stock at current levels with a stop loss of Rs 199.
  Vishal Malkan of malkansview.com
My first pick is BHEL, it is a sell call. It has formed bearish candlestick pattern on hourly chart. Momentum is bearish. I recommend a sell with a stoploss of Rs 234 for targets of Rs 226 and Rs 223.
My second pick is Bank of India (BoI), it is a buy call. It has been outperforming the market since a while. It has formed a bullish candlestick pattern on daily chart, hourly momentum is showing bullish. I recommend a buy with a stoploss of Rs 334 for targets of Rs 348 and Rs 354.
first published: Dec 27, 2012 09:30 am

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