On CNBC-TV18's show Super Six, market gurus Vishal Kshatriya, Sr Derivative and Technical Analyst, Edelweiss, Vishal B Malkan, CMT, www.malkansview.com 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.
Vishal Kshatriya, Sr Derivative and Technical Analyst, Edelweiss
My first pick is going long on Unitech. Yesterday stock has generated breakout of its key resistance of 200 DMA along with good volumes. Momentum oscillators on daily as well as intraday charts have given a fresh buy signal. I am expecting stock to trade with a positive bias in days to come. Traders can go long at Rs 31.50-32.50 target of Rs 36 and stoploss at Rs 29.50.
My second pick is going long on Maruti Suzuki. It has formed bullish candlestick pattern on its hourly charts. Oscillators on daily as well as intraday charts have given a fresh buy signal. I am expecting stock to trade with a positive bias in days to come. Traders can go long at CMP of Rs 1300 with a target of Rs 1350 and stoploss at Rs 1275.
Vishal B Malkan, CMT, www.malkansview.com
My first pick is BHEL. The gap around Rs 275 which was acting as a resistance since long has been breached successfully yesterday with huge volumes. I recommend a buy with a stop of Rs 270 for target Rs 282 & 292.
My second pick is Mphasis. It has given a strong close above the resistance of Rs 380 with huge volumes. Hourly charts are bullish. I recommend a buy with a stop of Rs 379 for target of Rs 395 and 402.
Sanjeev Agarwal, CEO, Dynamix Research & Capital Management
My first stk is ACC. This stock has given a breakout above Rs 1300, its all time high recently and after touching Rs 1420 had pulled back to Rs 1330. We can buy at CMP and accumulate upto Rs 1340 with stoploss below Rs 1300 and target of Rs 1425-1475.
My second stk is Jet Airways. This stock after giving a breakout above RS 300 recently had been in a corrective mode for last few days and now it
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