Super Six intraday picks for the March 7

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 for today is DLF, it is a buy call. The stock has reflected strength by giving an upward key reversal on a higher volume on the daily chart. It is also deeply oversold indicating a possibility of a bounce from here. One can buy DLF at around Rs 197 with a stop loss of Rs 194 and a target of Rs 203 with a shorter term call valid from an intraday point of view.
My second pick is Bombay Dyeing. It is a sell call, the stock has reflected weakness by giving a downward breakout on the intraday charts. Mostly the daily mechanical indicators are in sell mode after reflecting negative divergence indicating a possibility of further downside. One can sell Bombay Dyeing at around Rs 435 with a stop loss of Rs 439 and a target of Rs 427 with a shorter term call valid from an intraday point of view.

Vishal Malkan of www.malkansview.com
My first pick is PNB. It has formed a bearish vandalistic pattern on daily charts. On hourly charts it has broken the support. I recommend a sell with a stoploss of Rs 947 and target of Rs 915 and 905.
My second pick is Tata Motors. It has formed bearish engulfing pattern on daily charts, hourly chart it has gone down with high volumes. I recommend a sell with a stoploss of Rs 272 for targets of Rs 260 and 255.
  Arunesh Madan, Founder and Director of Augment Investment Pvt ltd
I have a sell call in Reliance Infra in the range of Rs 625-630 with a stoploss above Rs 650. In yesterday trade stock has made an engulfing bearish pattern on the daily candlestick charts. This couple with negative divergence on the RSI indicators shows that a peak has been made on the counter. Look for target of Rs 580 in coming days.
I have a sell call in BGR Energy in the range of Rs 324-326 with a stoploss above Rs 340. The stock has made a bearish pattern on the daily candlestick charts. In yesterdays trade stock broke below the significant support of Rs 340. Look for target of Rs 295-300 in coming days.