Super Six: Top chart picks for today

On CNBC-TV18's new show Super Six, market gurus Rahul Mohindar of viratechindia.com, Abhijit Paul of BRICS Securities and Sanjeev Agarwal of Dynamix Research & Cap Mgmt, 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.

Rahul Mohindar, viratechindia.com
First stock I did like to buy is Motherson Sumi. Here I look at long term trends and I think on the short term too we could move upto levels like Rs 238-240 quite comfortably. So keeping a stop loss at Rs 217 and initiate a long clearly with a short term profile of about a week or two and expect this 8% kind of return coming in.
The second one would be a sell and this one would be Jet Airways. At about Rs 510 there is a very strong resistance. Keeping that as a stop loss, I did look at shorting it atleast for intra-day or short term correction to Rs 465-470 kind of levels.
Abhijit Paul, BRICS Securities
Initiate a buy in Opto Circuit in the range of Rs 290-293, use a stop loss at Rs 284 and the upside targets for the stock is close Rs 303-310. Castrol is very strong stock and it had actually faired pretty well off in the recent sell off in the market. So I would recommend to initiate a staggered buy in the stock preferably in the range of Rs 505-510, use a stop loss close to Rs 480 and on the upside the target is of Rs 545-560.
Sanjeev Agarwal, Dynamix Research & Cap Mgmt
We can buy Sterlite Tech around Rs 50-51 with a stop loss of Rs 44 for a target of around Rs 60-62. Vijaya Bank has been showing very good accumulative pattern with positive divergence. We can buy it here at current price around Rs 67.50-68 and keep at target of Rs 74 and 85. One should protect the trade with a stop loss below Rs 63.