Super Six short term picks for July 27

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
I have a sell call on Yes Bank. On the daily closing chart a bearish and gulfing patter can be seen indicating that the current uptrend in the stock has come to an end. The stock can be short in the range of Rs 322-325 for a target of Rs 305 which can be achieved in the next 2 weeks.
I have a sell call on Jubilant Foodworks. This is a positional trading call as I feel that the 3rd wave to the downside has started on the stock. The stock can be short around Rs 870-875 levels for a potential target of Rs 775 to be achieved over next 2-3 weeks. The stoploss in this strategy should be placed strictly above Rs 920 on a closing basis.
  Abhijit Paul, Technical Analyst of Brics Securities ltd Berger Paints has shown pretty good strength in yesterdays sell off and its holding well to its uptrend as well. Rs 99-100 is the range where the stock has got pretty good supports. Use this support as a stoploss to enter long at current prices with an upside target of Rs 110-150.
LIC is trading within a 3-week range and there is some evidence sign of supply. Use a break of Rs 210 to initiate a short trade. RS 222 should be the stoploss and on the downside target should be in the range of Rs 198 and then 190.
  Rajesh Jain, EVP Reatail Research of Religare Sec Tata Coffee, after moving an all time high around Rs 1026 the stock went into a long consolidation in a declining channel on daily charts. One can definitely buy the stock in its support range of Rs 862-866 with a closing stoploss of Rs 840 for much higher targets of Rs 950 plus in coming days. Wockhardt was trading in a big range of Rs 320-420 from the last 3-4 weeks and now it has given breakout from the same and made a new 52-week high. One can buy the stock at around Rs 424-429 range with a closing stop loss of Rs 415 for much higher target of Rs 475 levels in coming days.