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6 stocks that should do well on March 12

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.

March 12, 2012 / 09:16 IST
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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
Buy Syndicate Bank at CMP with stoploss at Rs 113 and target of Rs 121
Buy MphasiS at CMP with stoploss at Rs 398 and target of Rs 420
Arunesh Madan, Founder and Director of Augment Investment Pvt ltd
I have a buy call in Tata Motors (DVR) in the range of Rs 156-158 with a stoploss below Rs 153 on a closing basis. The DVR has closed at a 1-year high in Friday's trade with good volumes. The DVR has shown good momentum in the last 2 days. Expect this momentum to continue going forward. Look for a target of Rs 166-168 in coming days.
I have a buy call in Allahabad Bank in the range of Rs 196-198 with stoploss below Rs 193. After consolidating in the range of Rs 175-195 the stock has broken out of this trading range and closed above with decent volumes. Look for a target of Rs 210 in next 2-3 trading sessions.
Sanjeev Agarwal, CEO, Dynamix Research & Capital Management
My first stock for today is Axis Bank. Intraday traders can buy this stock for a target of Rs 1250 with stoploss below Rs 1190. This stock has been showing very strong patterns in medium term and investors can accumulate this stock at every decline for a target of Rs 1450.
My second stock for today is SBI. This stock has been showing very strong patterns and intraday traders can buy this stock for a target of Rs 2300-2310 on intraday basis with stoploss below Rs 2220. Investors can accumulate this stock on every decline for a target of Rs 2600-2750.
first published: Mar 12, 2012 08:52 am

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