6 trading stocks for short term gain

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

ACC is a sell call. It has formed bearish candlestick patterns since last couple of days. It has also broken 20 days simple moving average. I recommend a sell with a stop of Rs 1,445 for targets of Rs 1,410 and 1,400.

Reliance Infra has been underperformer since last few days. Hourly momentum is showing bearish signs. I recommend a sell with a stop of Rs 512 for targets of Rs 497 and Rs 494.

 

Manas Jaiswal, manasjaiswal.com

Hero Motocorp has made a morning star pattern on the daily charts which is a sign of reversal. So we may see further recovery and the stock can test Rs 1,850 in next one-two trading sessions. One can buy the stock at current levels with the stop loss of Rs 1,790.

Dish TV has made a double bottom on the daily chart, which is near to Rs 75 and bounce back sharply with the higher volumes. So now stock can test its recent high of Rs 85. One can buy the stock at current levels with the stop loss of Rs 79.

Rajeev Agarwal, www.dynamixresearch.in

My first call is a buy on an IndusInd Bank. After a strong rally, it is now taking a correction to its strong breakout level of Rs 350. So, one can accumulate it around Rs 355-350 with a stop loss below Rs 340 for targets of Rs 375-390.

My second call is buy on BHEL. One can accumulate it in the range of Rs 245-240 with the stop loss below Rs 235 and hold for targets of Rs 265-270 in short-term.