Super Six stocks you can bet on Feb 29

On CNBC-TV18's show Super Six, market gurus Vishal B Malkan, CMT, www.malkansview.com, Vishal Kshatriya, Sr Derivative and Technical Analyst, Edelweiss and Rakesh Gandhi, Sr Technical Analyst, LKP, 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 B Malkan, CMT, www.malkansview.com
Frst pick is MphasiS. After a halt on Monday, it resumed its uptrend yesterday with above average volumes. I recommend a buy with stoploss of Rs 414 and target of Rs 430-436.
My second pick is Godrej Industries. It is trading near the highs of the month. I recommend a buy with stoploss of Rs 252 and for target of Rs 269-275. Vishal Kshatriya, Sr Derivative and Technical Analyst, Edelweiss
Go long on Bata India. Yesterday the stock has seen aggressive long build up as indicated by open interest data. Besides this momentum oscillators on daily as well as intraday charts have given a fresh buy signal. Traders should go long at Rs 710-720 with a target of Rs 750 and keep a stoploss below Rs 690.
Go long on GMDC. The stock has given a breakout of its multiple resistance alongwith good volumes placed on its daily charts. Traders should go long at Rs 205-210 with target of Rs 225 and keep a stoploss at Rs 200. Rakesh Gandhi, Sr Technical Analyst, LKP BGR Energy has seen a very sharp recovery yesterday with very heavy volumes. It seems it would again regain the upward trajectory. It can be bought for a target of Rs 365 and keep a stoploss at Rs 328. Orchid Chemical has been consolidating between Rs 165-190 and while consolidating it has formed a triangle pattern which has broken out above 188. I believe it would break out above Rs 188 and hence can be bought for a target of Rs 210 and stoploss of Rs 175.