6 trading stocks for short term gain

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
My first pick is State Bank of India (SBI). It is a sell call. Banking sector has been underperforming in the last couple of days. SBI started tagging the lower Bollinger Band. Momentum has entered bearish zone. I recommend a sell with a stop of Rs 2,385 for targets of Rs 2,330 and Rs 2,310.
My second pick is JSW Steel. It has formed a bearish engulfing pattern on daily charts. Hourly momentum is bearish. I recommend a sell with a stop of Rs 878 for targets of Rs 845 and Rs 835.
Rajesh Jain, Religare Securities
Overall, the banking stocks especially the public sector undertakings (PSU) banking were in a selling spree yesterday. One can go short in Union Bank, which has closed below its short-term moving averages and look for a target of somewhere near Rs 227. Maintain a stop loss of Rs 251 and the selling position can be done at any counter rally near Rs 244-245. Godrej Consumer Products being a Fast Moving Consumer Goods (FMCG) play has been in the defensive and has been in a long-term uptrend. For the past two months the stock was consolidating in a sideways zone and yesterday it broke out on the higher side again. One can buy the stock at any correction near Rs 735-740 levels keeping a closing stop loss of Rs 725 for higher target of Rs 790 plus in the coming days.
Rakesh Gandhi FRR shares
My first pick of the day is sell Jubilant Foodworks. The stock has been remaining in sideways distribution kind of zone since September 2012 when it made an all-time high. Recently it has started making lower lows and lower highs, eventually it has closed below 100 and 200 days exponential moving average indicating that it could see further lower levels and hence can be sold for a target of Rs 1,085 with a stop loss of Rs 1,170.
My second pick for the day is ITC. The stock has been remaining between Rs 270 and Rs 300 since last 15-16 weeks and eventually it has started sustaining above Rs 300 level indicating strength. Now the stock can be bought on declines with a stop loss of Rs 290 for a target of Rs 320.