Check out: Super Six stocks for October 19

On CNBC-TV18's show Super Six, market gurus Vishal Malkan, CMT, Manas Jaiswal of manasjaiswal.com and Sanjeev Agarwal of Dynamix Research, 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 ICICI Bank. The whole banking sector gave a smart move yesterday with huge volumes. Hourly charts have shown breakout. I recommend a buy with a stop of Rs 1050 for targets of Rs 1085-1095.

Buy HDFC. It has held an important level of Rs 750 by forming a bullish candlestick pattern on yesterdays chart. Hourly momentum is bullish. I recommend a buy with a stop loss of Rs 750 and target of Rs 770-778.

 

Manas Jaiswal, manasjaiswal.com

Buy UCO Bank. It has taken support near to 200 day moving average and bounced back sharply. Yesterday it broke the resistance of Rs 78 with higher volumes, so now we may see further up move and the stock can test Rs 83 in next 1-2 trading sessions. One can buy the stock at current levels with a stop loss of Rs 77.

Buy Dena Bank. For last two weeks Dena Bank was trading in the range of Rs 103-110 but yesterday it broke this range upside with higher volume. So now we may see a sharp up move. Stock can test Rs 119 in next 2-3 trading sessions. One can buy this stock at current levels with stop loss of Rs 109.

 

Rajeev Agarwal, www.dynamixresearch.in

Buy Union Bank. One can buy it at current market price with a stop loss below Rs 203 and hold for target of Rs 225. It may find some resistance around Rs 216 but it should achieve its target of Rs 225 in short-term.

Buy Jindal Steel & Power (JSPL). After so many negative news, it is showing strength now, so one can buy it at CMP with stop loss below Rs 405 and target of Rs 450.