HomeNewsBusinessStocksSuper Six stocks you can bet on Nov 01
Trending Topics

Super Six stocks you can bet on Nov 01

On CNBC-TV18's show Super Six, market gurus Vishal Malkan of malkansview.com, Vikrant Jadeja of Vibrant Trades and Rajeev Agarwal of dynamixresearch.in, place their bets on two stocks each, thus offering investors a variety of options to choose from.

November 01, 2012 / 09:28 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

On CNBC-TV18's show Super Six, market gurus Vishal Malkan of malkansview.com, Vikrant Jadeja of Vibrant Trades and Rajeev Agarwal of dynamixresearch.in, 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, www.malkansview.com
My first pick is Bata India, it is a sell call. It has broken important support of Rs 880 with volumes; the price has started tagging the lower Bollinger band. I recommend a sell with a stop loss of Rs 875 for target of Rs 845 and Rs 838.
My second pick is Maruti Suzuki India. It has given a breakout on upper side and it is a buy call. I recommend a buy with a stop loss of Rs 1420 for targets of Rs 1465 and Rs 1475.
  Vikrant Jadeja, Vibrant Trades
Buy GRUH Finance at current market price with stop loss at Rs 185 on a closing basis and expect a target of Rs 205-210 in next one-two trading sessions.
In the last four weeks we have seen that Shree Renuka has fallen from the levels of Rs 38 to Rs 30 and now daily charts as per candlestick suggest a reversal in this counter. So buy Shree Renuka Sugars at current market price with stop loss of Rs 30.35 on closing basis and expect a target of Rs 33 in next one-two trading sessions.
  Rajeev Agarwal, www.dynamixresearch.in
After a strong rally in September market is now in corrective mode and Nifty may correct to 5550-5500 in the short-term so my first call is sell on Tata Motors. One can sell it in the range of Rs 255-257 and keep a stop loss above Rs 263. One can expect the levels of Rs 245 to 240 in the short-term in this script.
My second call is sell on Vijaya Bank. One can attempt shorts around Rs 54.50 and keep a stop loss above Rs 56.30 and hold for targets around Rs 52.50 to Rs 51 in the short-term.
 
first published: Nov 1, 2012 09:05 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!