Super Six stocks you can bet on Sept 25

On CNBC-TV18's show Super Six, market gurus Manas Jaiswal, manasjaiswal.com, Manav Chopra, Nirmal Bang and Rajesh Jain, Religare Sec, 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.

Manas Jaiswal, manasjaiswal.com

Hindustan Construction has taken support near to 50 percent retracement level of the recent rally and bounced back sharply. Now it can test its 200 DMA which is placed at Rs 21. So, one can buy the stock at current levels with a stop loss of Rs 17.50.

VIP Industries is continuously making higher tops and higher bottoms on the charts and yesterday it broke the resistance of Rs 85 with higher volumes. So now we may see further rally and the stock can test its 200 DMA which is placed at Rs 93. So, one can buy it with a stop loss of Rs 83.

 

Manav Chopra, Nirmal Bang

TVS Motor has breached its inverted head and shoulder pattern after taking the support at its long-term channel. It has breached its immediate resistance and is currently trading above its short-term averages. It has a strong support at Rs 42 on the downside. You buy with a stop loss of Rs 41 for targets of Rs 48.

Havells India has breached its long-term consolidation with a big bullish candle accompanied by sharp volumes. It is also currently trading above its short term averages. It has a strong support at Rs 601 on the downside. You buy with a stop loss of Rs 605 for targets of Rs 650.

Rajesh Jain, Religare Sec

Siemens had been consolidating for a long time and yesterday it has broken out from its daily trend line on the higher side. The volumes were very strong. One can buy the stock near Rs 703-706 levels which is its important support now for a target of Rs 740 keeping a stop loss of Rs 690.

Hero Motocorp has not been able to close above Rs 1,950 and is facing a lot of resistance in that zone. One may short the stock near Rs 1,930 levels keeping a stop loss of Rs 1,950 for lower target of Rs 1,880.