Super Six: Top chart picks for March 14

On CNBC-TV18's show Super Six, market gurus Manas Jaiswal, Technical Analyst, manasjaiswal.com, Arunesh Madan, Founder and Director of Augment Investment Pvt ltd 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 into the detailed analysis before agreeing to any or all the bets.

Manas Jaiswal, Technical Analyst, manasjaiswal.com
My first pick is MRF. It was trading in the range of Rs 9,200 to Rs 10,200 for last five weeks but yesterday it broke this range upside with higher volumes. So, possibly stock can test Rs 10,550 in next two trading sessions. One can buy this stock at current levels with a stop loss of Rs 10,100.
My second pick is Gujarat Fluorochemicals. It has given a triangular breakout on the daily chart with higher volumes. So the stock can test Rs 550 in next two trading sessions. However, the target of triangular breakout comes at Rs 580. So, one can buy the stock at current levels with the stop loss of Rs 504.
  Arunesh Madan, Founder and Director of Augment Investment Pvt ltd
I have a sell call on Reliance Industries in the range of Rs 820 to Rs 825. Reliance Industries has seen a very smart pullback from a level of Rs 750 in the last three trading sessions. The stock faces a very strong resistance closer to a level of Rs 830. One should look for a target of Rs 780 and keep a stop loss above Rs 830 levels on a closing basis.
I have a buy call on GAIL India. The stock has formed a very bullish pattern on the daily candlestick chart with decent volumes. One should look for a target of Rs 384 to be tested and keep a stop loss below Rs 367 levels.
  Sanjeev Agarwal, CEO, Dynamix Research & Capital Management
My first stock for today is SREI Infrastructure. This stock has been showing some consolidation and today it has given a very clear breakout. We can buy it at a current market price with the stop loss below Rs 30.5 for a target of Rs 34-37.
My second stock today is TTK Prestige. This stock has been consolidating after a strong rise and we can buy it at a current market price and accumulate more at all declines. We can look for a target of Rs 3,350-3,500 and we can keep a stop loss below Rs 2,650 on a closing basis.