Super Six trading ideas for the day

On CNBC-TV18's show Super Six, market gurus Arunesh Madan, Founder and Director of Augment Investment Pvt ltd, Nooresh Mirani - AVP Technical, AMSEC Research and Rajesh Jain, EVP Retail Research, Religare Securities, 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.

Arunesh Madan, Founder and Director of Augment Investment Pvt ltd
I have a sell call on Hero Motocorp as I believe that the stock is about to complete an ABC retracement of the fall from the level of Rs 2250. The stock has strong resistance in the region of Rs 1930-1950. Look to short the stock in the region of Rs 1910-1925, a strict stop loss above Rs 1975 on a closing basis and look for a target of Rs 1800 in the next 2-3 trading sessions.
I have a sell call on Tata Steel. The stock formed a bearish pattern on the daily candlestick chart, day before yesterday. In yesterday's trade the stock witnessed a smart pull back rally. Look to short the stock in the region of Rs 440-442, a stop loss above Rs 450 levels on a closing basis and look for a target in the region of Rs 410-415 in the next 2-3 trading sessions.
  Nooresh Mirani - AVP Technical, AMSEC Research
My first stock call is a buy on Sun Pharma with a target price of Rs 545 and a stoploss placed at Rs 518. The stock is trading above all its moving averages as well as it is in a momentum zone. Yesterday the stock closed well above its resistance of Rs 525. I would expect the stock to hit a new 52 week high in the short term.
My second stock call is a buy on Pantaloon Retail with a target price of Rs 175 & a stop loss at Rs 157. The stock has made a good bottoming out formation in the band of Rs 130-140. Yesterday the stock closed well above Rs 160 resistance level, this indicates the stock may even go back to Rs 180-190 in the short term.
  Rajesh Jain, EVP Retail Research, Religare Securities Sun Pharma has broken out of an inverted head & shoulder formation & closed near its high. One can buy the stock near Rs 525 its support zone keeping a stop loss of Rs 518 for higher target of Rs 545. Patel Engg closed higher yesterday after 2 days of correction. One can buy the stock between Rs 95-96, its support zone and keep a stop loss of Rs 93 for higher target of 105.