Super Six short term picks for June 13

On CNBC-TV18's show Super Six, market gurus Parag Doctor, Head - Trading Strategies, Keynote Capital, Manas Jaiwal of manasjaiswal.com and Arunesh Madan, Augment Investment, 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.

Parag Doctor, Head - Trading Strategies, Keynote Capital Tata Motors had a sharp fall last month from the Rs 300 plus levels to around the Rs 220 mark. The 200-day moving average around Rs 220 supported the stock well and now the stock has started a short term uptrend. The stock is expected to go to around Rs 260 levels and can be bought with a stop loss of Rs 231 which is just below the 4 day low. LIC Housing Finance is relatively low beta name and has sound support near the 200-day average between Rs 240-245 mark. The stock has started a short term uptrend and is expected to move to the recent high around the Rs 270 mark with the stop loss of Rs 243.
  Manas Jaiwal of manasjaiswal.com Yesterday Maruti Suzuki broke the neckline of the inverse head and shoulder pattern on the daily chart, so now the stock can test Rs 1200 in the next 1-2 trading session. One can buy it with a stop loss of Rs 1120. My second pick is UCO Bank, yesterday after taking support near to 200-day moving average the stock bounced back sharply and broke the resistance of Rs 79 with higher volumes, so now the stock can test its April high of Rs 87. One can buy the stock at current levels with a stop loss of Rs 77.   Arunesh Madan, Augment Investment I have a buy call in Jet Airways at the CMP as the stock has broken above its previous intermediate peak of Rs 372 and closed at the highest level in 6 months. Investors can continue to write the momentum in the stock with stop loss placed below the Rs 369 levels and look for a target of Rs 395 by Friday. After witnessing a sideways consolidation, ACC has broken from a falling trend line falling on its daily chart in yesterday’s trade. Look to buy this stock in the range of Rs 1180-1190 with a stop loss being placed below the Rs 1169 levels and look for a target of Rs 1225 in the coming days.