6 stocks ideas to liven up your trade

On CNBC-TV18's show Super Six, market gurus Manas Jaiswal of manasjaiswal.com, Manav Chopra of CMT Technical Research Analyst at Nirmal Bang and Rakesh Gandhi of FRR share, 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.

Manas Jaiswal of manasjaiswal.com

Dish TV has broken resistance of Rs 69 and the 200-day moving average with higher volumes, so now one may see a sharp upmove. The stock can test Rs 75 in next one-two trading sessions. One can buy it with a stop loss of Rs 69.

Reliance Power is making higher tops and higher bottoms on daily chart. On Monday it broke resistance with higher volumes, so one may see a sharp upmove. The stock can test Rs 85 in one-two trading sessions. One can buy this stock at current levels with a stop loss of Rs 79.

Manav Chopra, CMT Technical Research Analyst at Nirmal Bang

I have a sell call on Unitech. The stock has formed several reversal candles on the intraday charts along with negative divergence on the momentum indicators. It suggests there is limited upside from the current levels. There are strong resistances at Rs 30 levels on the upside. One can maintain a sell on rise approach with a stop loss of Rs 30.50 for a downside target of Rs 27.

I have a sell call on Hero Motocorp. The momentum indicator has formed a negative reversal pattern, which suggests Rs 1,700 levels would be a strong resistance on the upside. The stock has also managed to close below the immediate support levels and is currently trading below short-term averages. One can maintain a sell on rise approach with a stop loss of Rs 1,720 for a downside target of Rs 1,620.

Rakesh Gandhi of FRR Share

KPIT Cummins Infosystems has seen a breakout from a bullish head and shoulder pattern having a neckline at Rs 108. On Monday the stock remained subdued but the upward momentum is likely to continue and hence can be bought for an upward target of Rs 118 with a stop loss of Rs 104.

After a sharp rise UltraTech Cement has seen a sharp reversal in last two days breaking a rising trend line indicating the uptrend has paused for a while. It could see further lower levels and hence can be shorted around Rs 1,940 for a lower target of Rs 1,870 with a stop loss of Rs 1,980.