Super Six: Hemen, Rajesh, Sanjeev on their top picks

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
Sell HPCL. It has been posting lower top, lower bottom infact it has reflected weakness by posting a fresh 6 month low. One can sell HPCL at around Rs 333 which is the closing, with a stoploss of Rs 336 and a target of Rs 327. It is a shorter term call, which is valid more from an intraday point of view.
Buy Bata India. It has reflected strength by posting a fresh 18 trading session high on a higher volume. You have the higher top higher bottom scenario in place; you also have the daily mechanical indicators supporting the move. It is appreciating further from here atleast from a short term point of view. Keeping that in mind one can buy it at around Rs 724 with a stoploss at Rs 720 and a target of Rs 732. This is a shorter term call valid from an intraday point of view.
  Rajesh Jain, EVP Retail Research, Religare Sec Union Bank had fallen sharply but has been taking a counter rally for last 4 days. The counter rally is on low volumes. One can short it in its resistance zone of Rs 228-232 keeping a stop loss of Rs 235 for target of Rs 215. Unitech closed at its highest level in 2 months, when Nifty closed negative yesterday. One can buy the stock between support of Rs 29-29.50, keeping a stop loss of Rs 28.50 for higher target of Rs 32.
  Sanjeev Agarwal, CEO, Dynamix Research & Capital Management DCB has shown breakout above Rs 44.5, so one can buy it at current market price between Rs 44.5-45 with a stop loss below Rs 42 for a target of Rs 48-50. Unitech has shown good breakout above Rs 30. We can buy it at current market price for a target of Rs 34-35 with a stop loss below Rs 28.