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6 stocks likely to see lot of action today

On CNBC-TV18's new show Super Six, market gurus Arunesh Madan, Founder and Director of Augment Investment Pvt ltd, Abhijit Paul, Technical Analyst of Brics Securities ltd and Rajesh Jain, place their bets on two stocks each, thus offering investors a variety of options to choose from.

July 28, 2011 / 10:58 IST
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On CNBC-TV18's new show Super Six, market gurus Arunesh Madan, Founder and Director of Augment Investment Pvt ltd, Abhijit Paul, Technical Analyst of Brics Securities ltd and Rajesh Jain, 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 Pvt ltd
We will look to buy Crompton Greaves today in the range of Rs 173-175. The reason for buying this stock is that the stock has taken a very strong support in the range of Rs 171.5-173. The stock should be bought for a potential target of Rs 185-190 as I expect a very strong counter trend rally, the stop loss should be placed below Rs 170 levels.
I have a buy call on Great Offshore. The stock has built a very good base in the region of Rs 210-220 and the stock has broken above the Rs 220 levels on very good volumes. Going forward I expect the stock to trade in the region of Rs 235-240, can be bough around Rs 220 levels with stop loss below Rs 220 for this target.
Abhijit Paul, Technical Analyst of Brics Securities ltd United Phosphorous had been holding on to its short term uptrend pretty well and in yesterday
first published: Jul 28, 2011 08:25 am

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