6 intraday picks to make smart gains

On CNBC-TV18's show Super Six, market gurus Manas Jaiswal, Technical Analyst, manasjaiswal.com, Sanjeev Agarwal, CEO, Dynamix Research and Rajesh Jain of Religare Sec, 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

Bank of Baroda made a good base near Rs 625 and yesterday we witnessed good buying interest. The stock broke the resistance of Rs 645. Now we may see further recovery and stock can test Rs 665 in next one-two trading sessions. One can buy the stock at current levels with a stop loss of Rs 635.

Coal India was trading in the range of Rs 353-347 for last seven trading sessions but yesterday it broke the strange upside, so possibly stock can test its recent high of Rs 363 in next one-two trading sessions. One can buy the stock at current levels with a stop loss of Rs 351.

Sanjeev Agarwal, CEO, Dynamix Research

Hero Motocorp is showing quite a positive pattern and it has corrected from higher levels. Now we can buy it at current market price with a stop loss below Rs 1,895 for a target of around Rs 2,000.

Polaris Financial Technology has given a very strong breakout above Rs 120 two days back and now it is correcting near that. We can buy it at current market price with a stop loss below Rs 117 for a target of around Rs 130-132.

Rajesh Jain, Religare Sec

Coal India has formed an inverted head and shoulder pattern on the intraday chart and has broken out from the same yesterday indicating fresh buying opportunity. One can buy the stock at any dip around Rs 352-354 levels keeping a closing stop loss of Rs 350 for the target of Rs 365.

Among realty counters, HDIL is trading weak as it is witnessing selling pressure on every rise. Despite positivity across the board in the market, the stock has failed to show any rebound and has given a fresh selling signal. One can go short in the stock between Rs 80-81 keeping a stop loss of closing above Rs 82.50 for target of Rs 75.