Super Six: Top chart picks for Feb 2

On CNBC-TV18's show Super Six, market gurus Rajesh Jain of Religare Sec, Rakesh Gandhi of LKP and Vishal Kshatriya of Edelweiss, 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.

Rajesh Jain of Religare Sec
After taking a correction in last 10 days Bombay Dyeing has resumed its up journey. One can buy at Rs 420 keeping a stoploss of Rs 425 for higher targets of Rs 450. Orchid Chem has given a 2-month closing high yesterday. It has also given a break and is now ready for its next move. One can buy at CMP with stoploss of Rs 169 and target of Rs 185.
  Rakesh Gandhi of LKP Tata Power has formed a reverse triangle formation and has seen a breakout above that before few days. The stock was in a pullback mode and now has restarted an upward momentum. It can be bought for an intraday target of Rs 115 and stoploss of Rs 108. Sintex Industries has been making higher highs and higher lows in a consolidation pattern and has seen a breakout above Rs 80. The stock can see a level of Rs 100 in next few weeks but intraday target of Rs 89 and stoploss of 84.
  Vishal Kshatriya of Edelweiss
My first pick for the day is going long on Dish TV. The stock has generated trendline breakout along with good volumes placed on its daily charts. Momentum oscillators continue to trade with positive bias. Open Int indicated aggressive long build up in the stock in previous trading sessions. Long is recommended at CMP with target of Rs 70 maintain stoploss below Rs 63.
My second pick for the day is going long on Ambuja Cements. The stock has generated trendline breakout along with good volumes placed on its daily charts. Momentum oscillators continue to trade have given fresh buy signal, expecting stock to trade with a positive bias in days to come. Long is recommended at CMP with target of Rs 175 maintain stoploss at Rs 158.