Check out: Super six chart picks for the day

On CNBC-TV18's show Super Six, market gurus Vishal Malkan of malkansview.com, Arunesh Madan of Augment Investment and Gaurav Ratnaparkhi of Sharekhan, 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 of malkansview.com McDowell Holdings has started tagging on lower Bollinger band on daily chart. Daily candlestick is bearish. I recommend a sell with a stop loss of Rs 2,320 and for targets of Rs 2,275-2,260. Reliance Capital has broken an important support of Rs 315 on closing basis. Hourly momentum is bearish. I recommend a sell with a stoploss of Rs 315 and for targets of Rs 303 and Rs 300. Arunesh Madan of Augment Investment State Bank of India has broken below a major significant support level of Rs 1,970 in Monday’s trade. Look to short this stock in the region of Rs 1,950 to Rs 1,960 keeping a stop loss above Rs 1,980 levels on closing basis and going forward one can see a target of Rs 1,900 and Rs 1,875. Idea Cellular has been finding a major support in the region of Rs 137.50 to Rs 138. Look to short this stock only once it begins to trade below the Rs 137 level, keep a stop loss above the Rs 140 levels on a closing basis and going forward one can look for a target of Rs 130 and Rs 126. Gaurav Ratnaparkhi of Sharekhan
I have a buy call on Coal India. The stock has recently fallen from daily upper Bollinger band towards the lower Bollinger band. It has taken support at a level where it had taken support multiple times in the recent past and at that level it had formed an ending diagonal on hourly chart which would be a bullish pattern in this case. So, accumulation seems to be taking place in this counter. One can initiate fresh buy position at current level with stop loss of Rs 290.80. Target will be Rs 312 and timeframe will be two-three sessions.
I have a buy call on Titan Industries. After the near vertical fall the stock is currently in a pullback mode and in terms of wave structure the pullback is likely to be a three wave pullback. So far first two legs of the pullback look complete and in the last session the stock has formed a doji pattern on the daily chart, which can be the beginning of third leg on the upside even the short-term momentum indicators are inline with the expected pullback. So, stop loss for buy call will be Rs 216 and target will be Rs 240 and again the timeframe will be two-three sessions.