6 stocks likely to see lot of action today

On CNBC-TV18's show Super Six, market gurus Vishal B Malkan, CMT, Vishal Kshatriya, Sr Derivative and Technical Analyst, Edelweiss and Shardul Kulkarni, Angel Broking, 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 B Malkan, CMT Educomp Solutions is a buy call. It has given a breakout on the daily charts above the resistance of Rs 157 after a long time with huge volumes. I recommend a buy with a stop of Rs 154 for targets of Rs 163 and Rs 166. Aban Offshore is a sell call. It has been forming bearish candles since last couple of days. The hourly momentum has turned bearish. I recommend a sell with a stop of Rs 424 for targets of Rs 409 and Rs 404.
  Vishal Kshatriya, Sr Derivative and Technical Analyst, Edelweiss
My first pick for the day is going short on Hero Motocorp. The stock has strong resistance near its 200 DMA, which is currently placed at Rs 1950. On Tuesday, after making a high near that level, the stock corrected sharply and that too with good volumes. This clearly indicates that there is selling the stock at higher levels. Open Interest data indicates aggressive short build up in the stock in previous trading sessions. Traders can go short at current market price, with the first target of Rs 1830 and a final target of Rs 1800, maintaining stop loss above Rs 1950.
My second pick for the day is going long on Bajaj Auto. Overall trend in the stock is positive, which is depicted by formation of higher tops and higher bottoms on the daily as well as weekly charts. Yesterday the stock has given a trendline breakout with good volumes. Besides this derivative data also indicates long build up in the stock. Traders can go long at current market price (CMP) with target of Rs 1850 and a final target of Rs 1880, maintaining stop loss below Rs 1740.
Shardul Kulkarni, Angel Broking
The first stock that we will recommend is a buy call incase of Sun Pharma. The chart structure suggests that the stock has taken support near 61.8% Fibonacci retracement of the previous upmove. Thus we would recommend traders to buy Sun Pharma in the range of Rs 670 to Rs 675. Place a stop loss at Rs 660. The potential target in the next 4-6 trading sessions is at Rs 720.
The second stock that we will recommend is Dabur India. The stock is in a good strong higher-top, higher-bottom cycle and the momentum indicators are clearly showing that they are in the oversold territory. Thus we recommend buying incase of Dabur. The stop loss for the trade would be at Rs 122. The buying range is Rs 124-125. The potential target over the next 4-6 trading sessions is at Rs 132.