6 stock ideas to liven up your trade

On CNBC-TV18's show Super Six, market gurus Hemen Kapadia, CEO of chartpundit.com, Vishal Malkan of www.malkansview.com and Arunesh Madan, Founder and Director of Augment Investment Pvt ltd, 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.

Hemen Kapadia, CEO of chartpundit.com
My first pick is Bata India. It is a sell call. The stock has reflected weakness by giving a mini breakout on hourly charts on the downside. Most of the daily mechanical indicators are in sell mode indicating a further downside cannot be ruled out. One can sell at Rs 675 with a stoploss at Rs 680 and target of Rs 665. It is a shorter term call valid from an intraday point of view.
My second pick is Allahabad Bank. It is a buy call. The stock has given an upward bar reversal on the daily charts with higher volumes. It is also quoting above the 55 exponential moving averages. The mechanical indicators are supporting the move indicating a further upside cannot be ruled out. One can buy at Rs 190 with a stoploss at Rs 187 and target of RS 196.
Vishal Malkan of www.malkansview.com
My first pick is ICICI Bank. It has formed lower top lower bottom formation on daily charts. Hourly charts have turned bearish. I recommend a sell with a stoploss of Rs 889 and target of Rs 855 and 846.
My second pick is Maruti Suzuki India. It has formed 3 indecisive candles on daily charts. Hourly charts have turned bearish. I recommend a sell with a stoploss of Rs 1330 for target of Rs 1295 and 1280.
  Arunesh Madan, Founder and Director of Augment Investment Pvt ltd
I have a sell call in GAIL India in the range of Rs 354-356 with a stoploss above Rs 365. The structure of the stock has turned very bearish as the stock has broken below the December low of Rs 360 on the back of very good volumes. Look for a target of Rs 325-330 in coming days.
I have a buy call on Tata Motors. After moving in a very narrow range of Rs 264-272 the stock has broken above the level of Rs 272 on the back of good volumes. Look to buy when it trades above Rs 275 with a stoploss below Rs 265 and target of Rs 292-295 in coming days.