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Super Six stocks you can bet on August 24

On CNBC-TV18's new show 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.

August 24, 2011 / 09:43 IST
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On CNBC-TV18's new show 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
Buy Bank of Baroda. The reason for buying the stock is that the stock has seen a very sharp decline from a level of Rs 875 to 715. Buy the stock at Rs 730 with the stop loss below Rs 715 for a target of Rs 775 in next 3 days.
I have a sell call on Hero Motocorp. I believe that the candlestick charts of the stock are indicating towards a short term peak. We would like to short the stock closer to Rs 2010 with stop loss above Rs 2015. I expect a level of Rs 1950 on the stock by Thursday.
Abhijit Paul of Brics Securities JSW Steel and the metal space have come out quite a bit from their highs and are in a downtrend. But the stock is
holding on well to its supports and I sense that once it takes Rs 685, it
first published: Aug 24, 2011 08:36 am

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