Super Six intraday picks for the day

On CNBC-TV18's new show Super Six, market gurus Hemen Kapadia, CEO of chartpundit.com, Rajesh Jain, EVP Retail Research, Religare Sec and Sanjeev Agarwal, CEO, Dynamix Research & Capital Management, place their bets on two stocks each, thus offering investors a variety of options to choose from. Investors can read in the detailed analysis before agreeing to any or all the bets.

Hemen Kapadia, CEO of chartpundit.com

My first pick for today is Century Textiles, it is a buy call. The company has reflected near term strength. It has taken support on the 55-day exponential moving average. Keeping that in mind, one can buy Century Textiles around Rs 321 with a stoploss of Rs 318 & a target of Rs 327. This is a shorter term call valid from an intra-day point of view.

My second pick for today is Bharti Airtel. It has reflected weakness. The stock has closed below the 55-day exponential moving average. The stock has also posted a fresh 5-trading session low.

The mechanical indicators are reflecting weakness that too after reflecting negative divergence. So Bharti looks like a great short term sell. Keeping that in mind, one can sell Bharti at around Rs 385, with a stoploss of Rs 389 & a target of Rs 377. This is a shorter term call valid from an intra-day point of view.

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Rajesh Jain, EVP Retail Research, Religare Securities

Yesterday when most of power stocks did good, Power Grid did not participate there. But one can buy Power Grid between its support of Rs 101-102 with a stoploss at Rs 100, for a higher target of Rs 106 in coming days.

ITC took a correction in last three days & is now near its important support. One can buy the stock between its support of Rs 205-208, with a stoploss of Rs 203. It has a target of Rs 214.

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Sanjeev Agarwal, CEO, Dynamix Research & Capital Management

My first stock for today is ABB. This stock is showing some weak patterns. We can sell it around Rs 675 with a stoploss above Rs 690, for a target around Rs 655-660. Below Rs 655, this stock will show a further breakdown & it can touch even Rs 600 later on.

My second stock for today is SBI. SBI is showing some consolidation pattern between Rs 1925-1875. We can buy it at current market price with a stoploss below Rs 1875 for a target of around Rs 1975.