Super Six intraday picks for May 23

On CNBC-TV18's show Super Six, market gurus Vishal Kshatriya of Edelweiss Securities, Shardul Kulkarni, Angel Broking and Sanjeev Agarwal of Dynamix Research & Capital, 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 Kshatriya, Edelweiss Securities Go short on Rolta India at current market price with a stoploss above Rs 76.50 for target of Rs 68.50
Stock has given a trendline breakdown along with good volumes placed on its hourly charts. Momentum oscillators on daily charts continue to trade with a negative bias. Open interest data indicates aggressive short build up in the counter. I would recommend traders to go short at current market price with a target price of Rs 68.50, maintain stop loss above Rs 76.50. Go short on Educomp Solutions at current market price with stoploss above Rs 162 for target of Rs 135
Yesterday stock has broken down its multiple support area along with good volumes. Open interest data indicates aggressive short build up in a counter. Besides this, stock continues to trade below its short-term moving average which indicates overall momentum in the stock is negative. I would recommend traders to go short at current market price with target price of Rs 135, maintain stop loss above Rs 162. Shardul Kulkarni, Angel Broking Sell Jet Airways at Rs 306-308 with a stoploss at Rs 316 for target of Rs 285
We have seen a decent upmove over the last couple of trading sessions but in yesterday’s trading session the stock has taken a resistance at Rs 316 mark, which is an important 38.8% Fibonacci retracement level. To recommend selling on the May futures contract, in the range of Rs 306 to 308, stop loss should be placed at Rs 316, target price is Rs 285 in the next three-five trading sessions. Sell TTK Prestige at Rs 3040-3060 with a stoploss at Rs 3126 for target of Rs 2800
A few days back, the stock fell sharply from Rs 3,600 levels right upto Rs 3,000 and now has consolidated but we feel that the price action in yesterday’s trading session indicates that a further fall towards Rs 2,800 is expected. We feel that you should be selling the stock in the range of Rs 3,040 to Rs 3,060. Stop loss on the upside should be placed at Rs 3,126. The three-five days timeframe target price would be Rs 2,800. Sanjeev Agarwal, Dynamix Research & Capital Buy SBI at current market price below Rs 1875 for target of Rs 2025
After giving marvellous results, this stock has rallied very strongly. Yesterday, in a correction it has corrected a little bit and we can buy it at current market price the stop loss below Rs 1,875 for a target of Rs 2,025. If it is able to cross above Rs 2,040, it can go upto Rs 2,250. Sell Sobha Developers below Rs 309 with a stoploss above Rs 321 for target of Rs 296