Super Six stocks you can bet on August 26

On CNBC-TV18 in Super Six, market gurus Arunesh Madan, Founder and Director of Augment Investment, Abhijit Paul of Brics Securities and Rajesh Jain, EVP Reatail Research, Religare Sec 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.

Arunesh Madan, Founder and Director of Augment Investment Axis Bank is on my shopping list today. As I believe the stock is about to finish a sea wave of the decline from the level of Rs 1625. Look to buy the stock closer to a level of Rs 1015, a stop loss below Rs 990 and target of Rs 1080 in coming days.
I would like to sell Petronet LNG as I believe that the candlestick chart indicate that a peak has been formed on the stock. This is also confirmed by the negative divergence on the RSI indicators. Look to short the stock on a pullback to RS 175, stop loss of Rs 185 and I see a level of Rs 140 on the stock in coming days.
  Abhijit Paul of Brics Securities Grasim is the first stock to buy from my end. The stock has been holding on well to its short term uptrend throughout this fall from the markets. It has moved into a short term nascent uptrend but the medium trend is still down. So I am attempting to buy the bounce back. Buy at current prices, use a stop loss at Rs 2100 and on the upside targets are at Rs 2250 and 2300. Tata Motors is in a weak phase and it has sold off quite sharply but it is holding well close to its support range of Rs 700-725. Look to buy the stock only once it crosses above Rs 736. Use a stop loss close to current lows of Rs 690 and on the upside targets are at Rs 785 and 800.
  Rajesh Jain, EVP Reatail Research, Religare Sec Ranbaxy had fallen a lot in the clearing gone by. It is near to its important support level of Rs 460 from where it bounces. Also it is a defensive stock being a pharma play. One can buy it at current prices, keeping a closing stop loss of Rs 460 for target of Rs 490 plus in coming days. Bajaj Auto was clearly a winner in the previous clearing. One can buy it near its support of Rs 1490 with a stop loss of RS 1460 for much higher targets of Rs 1550 plus in coming days.