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Super Six stocks you can bet on Oct 15

On CNBC-TV18's show Super Six, market gurus Shardul Kulkarni of Angel Broking, 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.

October 15, 2012 / 09:12 IST
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On CNBC-TV18's show Super Six, market gurus Shardul Kulkarni of Angel Broking, 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.


Shardul Kulkarni of Angel Broking
Buy Zee Entertainment. It is expected to declare results in the coming week and before the results we expect a strong up move. The chart structure clearly suggests a very strong higher top higher bottom cycle. We recommend buying the stock in the range of Rs 192-195. Place a stop loss at Rs 188. We expect the stock to move to Rs 214 over the next 7-10 trading sessions.
Buy Godrej Industries. We have seen that stock gave a breakout in case of Fridays trading session near to the levels of Rs 286. But unfortunately has failed to sustain above Rs 286. Going forward we recommend buying the stock only above Rs 288 levels. Place a stop loss at Rs 279 and trade bullish for a target of Rs 310 in the next 4-6 trading sessions.
  Manas Jaiswal of manasjaiswal.com Century Textile has broken the resistance of Rs 382 and made an inverse head and shoulder pattern on the charts. So now stock can test Rs 425. One can buy the stock at current levels with a stop loss of Rs 375. Bhushan Steel was trading in the range of Rs 490 for last 7-8 trading sessions but yesterday it broke this range upside with higher volumes. So now the stock can test Rs 520. One can buy it with a stop loss of Rs 497.
Rajeev Agarwal of Dynamix Research
Metals have underperformed in this whole rally. So buy Tata Steel. It has given a strong breakout on Friday. So, one can buy it around Rs 420 with a stop loss below Rs 410 and target of Rs 438-455.
Buy Sterlite Industries (India) at Rs 104 with a stop loss below Rs 100 for target of Rs 108 to Rs 112 in short-term.
first published: Oct 15, 2012 09:05 am

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