On CNBC-TV18's show Super Six, market gurus Vishal Malkan, CMT, 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.
Vishal Malkan, CMT
Buy LIC Housing Finance. It has closed above 52 week high of Rs 280 with high volumes and high momentum. I recommend a buy with a stop loss of Rs 276 for targets of Rs 295-299.
Buy Financial Technologies. It has given a breakout on daily as well as weekly charts. Price has started tagging on the upper Bollinger band. I recommend a buy with a stop loss of Rs 976 and target of Rs 995-1005.
Arunesh Madan of Augment Investment
Tata Motor DVR has broken above its previous intermediate peak of Rs 158 and is now consolidating in the range of Rs 159-164. Look to buy this stock once it begins to trade above the Rs 164 level. Keep a stop loss below Rs 159 and look for a target of Rs 171 and Rs 175 in the coming days.
Short Coal India. It has broken down from a rising trend line made by joining the previous bottom at Rs 300-335 levels. Look to short this stock in the range of Rs 360-364. Keep a stop loss above the Rs 370 levels and look for a target of Rs 345 and Rs 335 in the coming days.
Sanjeev Agarwal of Dynamix Research & Capital
Buy Sun Pharma. It has been in a classical uptrend and after little consolidation it has started its fresh uptrend on Friday. We can buy it at current market price for a target of Rs 730-750 and stop loss below Rs 660.
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!