Super Six trading picks for the day

On CNBC-TV18's in Super Six show, market gurus Parag Doctor of Motilal Oswal, Arunesh Madan, Founder and Director of Augment Investment and Manas Jaiswal, Technical Analyst of Emkay, 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.

Parag Doctor of Motilal Oswal
We at Motilal Oswal would like to recommend to buy Central Bank of India. This stock has made a double bottom on the daily charts and has started moving up by crossing the 90-day avg. The stock is expected to move to the Rs 110 levels with the stop loss at Rs 95.
The second stock we would recommend is REC. The stock has recovered from Rs 163 levels 3 times in last weeks and has shown strength by crossing the 10-day avg. The stock is expected to move upto Rs 185 with stop loss at Rs 163.
  Arunesh Madan, Founder and Director of Augment Investment
After rallying for a couple of months Bata India is showing tiredness at the current levels. There is a negative divergence on the RSI indicators, while MACD has given a sell signal. We would short the stock closer to level of Rs 715 with stop loss above Rs 730 and target of Rs 685 in coming days.
I would like to give a buy call on SBI as I believe selling on the counter has been overdone. We would buy the stock closer to a level of Rs 1970 with a stop loss below Rs 1920 and look for targets of Rs 2050 in coming days.
  Manas Jaiswal, Technical Analyst of Emkay Escorts has made a good base near to Rs 64 and now it has given a breakout above the resistance of Rs 71. On the daily charts it has given a breakout of triangular pattern. So, one can buy at current levels with stop loss of Rs 70 and target of Rs 78. 3i Infotech has broken the neckline of inverse head and shoulder pattern. So now it is ready for a sharp upmove. One can buy at current levels with stop loss of Rs 27 and target is Rs 31 for intraday.