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

Canara Bank would probably give us a move at about Rs 540 levels if you look at the very short term but I think one could comfortably move to about Rs 560-565. I would keep a stop loss of Rs 512 and buy at current levels.

I think one could buy Punj Lloyd at the current levels closer to about Rs 65-66 keeping a stop loss of Rs 64 and look at targets of Rs 72 coming in the near term.

Abhijit Paul, BRICS Securities

I recommend buying into Karnataka Bank in the range of Rs 129-130, using a stop loss at RS 125 and on the upside the target are at Rs 139 and 142.

LIC Housing has been going up constantly over last 3 days. I am recommending to buy LIC on a dip. Use the range of Rs 228-230 to get into the stock, use a stop loss at 221 and on the upside price targets are Rs 250 and 255.

Sanjeev Agarwal, Dynamix Research & Cap Mgmt

We can buy Escorts at current price of Rs 112, put a stop loss below 104 and we should book profits somewhere around Rs 124-125.

My second pick for the day is Power Grid. Today it has given a very strong breakout with very heavy volume above Rs 106 So we can pick this stock around Rs 107. It may go upto Rs 114 to 120 but one should protect your trade with a stop loss below Rs 103.