Super Six: Top chart picks for today

On CNBC-TV18's new show Super Six, market gurus Parag Doctor of Motilal Oswal Securities, Hemen Kapadia of chartpundit.com and Shrikant Chauhan of Kotak Securities, 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, Motilal Oswal Securities

We at Motilal Oswal Securities would like to recommend Pantaloon Retail on the buy side. This stock closed around Rs 285 levels and the stop loss for the trade is at Rs 265, which was a 50 day moving average. On the upside it is expected to move to around Rs 325 levels. The stock is accumulating between Rs 240-300 levels for the last 3-4 months after dropping from the 52 week high of around Rs 500.

On the sell side we would like to recommend Hindustan Unilever. This stock has been struggling at Rs 330 levels for the last several months and again it has closed around Rs 322 levels, max it is expected to drop to around Rs 300 levels, which is a support of the 50 day moving average with the stop loss being around Rs 335 mark.

Hemen Kapadia, chartpundit.com

Tata Comm is deeply oversold. It has come down for 6-7 trading sessions. The hourly charts are looking much better. One can buy this at around Rs 190 with a stop loss of Rs 187 and a target of Rs 196. This is a very short term call the validity of which would probably be 3 trading sessions.