Super Six intraday picks for the day

On CNBC-TV18's show Super Six, market gurus Shardul Kulkarni of Angel Broking, Arunesh Madan of Augment Investment 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.

Shardul Kulkarni of Angel Broking

The charts of HDFC Bank show a very strong higher top, higher bottom cycle. We recommend buying HDFC Bank in the range of Rs 628 to 632. Place a stoploss at Rs 619 and trade bullish for a target of Rs 656.

Second stock we recommend is a buy call in the real estate space. Bombay Dyeing looks excellent on the charts. We expect the stock to move to around Rs 545-550 over the next 4-7 trading sessions. Buy the stock in the range of Rs 500-505. Place a stop loss at Rs 485.

Arunesh Madan, Augment Investment

BPCL has given a very breakout above the Rs 358 levels in yesterday’s trade. So as long as the stock is able to sustain above this level, further targets of Rs 370 and Rs 375 are expected in the coming days. Look to buy this stock in the range of Rs 360-365 and keep a stop loss below the Rs 358 levels.

Sell Apollo Tyres in the range of Rs 90-91.50. Keep a stop loss above the Rs 93.50 levels on a closing basis and look for a target of Rs 85 and Rs 80 in the coming days.

Sanjeev Agarwal, Dynamix Research & Capital

My first stock is Opto Circuits, the stock has not participated in the rally but it looks like it is ready to join the party. We can buy it at current market price or any recline towards Rs 130 for a target of Rs 143. Above Rs 144 it can easily touch the target of Rs 162 also. We can keep the stop loss below Rs 125.

My second stock for today is Unitech. It has given a very strong breakout above its very strong resistance of Rs 25.50. One can buy it current market price for a target of Rs 27.50 and a higher target of Rs 30. We can keep a stop loss below Rs 23.50.