On CNBC-TV18's in Super Six show, market gurus Hemen Kapadia, CEO of chartpundit.com, Parag Doctor of Motilal Oswal Securities and Sanjeev Agarwal, CEO of Dynamix Research & Capital Management, 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.
Hemen Kapadia, CEO of chartpundit.com
The bank nifty has done exceptionally well and has given a decent upmove. Federal Bank has done the same. It has given a mini breakout once again on the hourly charts. One can buy at Rs 376 with a stoploss at Rs 372 and target of Rs 384. This is a short term call valid for intraday. Lupin has given a decent recovery from an intraday point of view. Once again there has been an upward key reversal on the 3-hrs charts. One can buy at Rs 482 with a stoploss of Rs 478 and target of Rs 490. This is short term call for intraday.
Parag Doctor of Motilal Oswal Securities
We at Motilal Oswal Securities would like to buy Pantaloon Retail. This stock has corrected sharply from recent high around Rs 300 level to the multiple support at Rs 240. Now the stock is due for a corrective bounce to around Rs 270 with a stoploss for the trade at Rs 240
Buy Central Bank of India. This stock has developed very strong support between the Rs 95-100 levels over the last few weeks. It is expected to move upto Rs 112 with stoploss at Rs 99.
Sanjeev Agarwal, CEO of Dynamix Research & Capital Management Amrutanjan Health Care is showing very positive patterns for last few days. Buy it as at current market price around Rs 815-820 with a stoploss below Rs 785 for a target of Rs 860-865 and if it is able to cross above Rs 870 we can se the share moving above Rs 900 easily. Bata India is showing positive patterns and showing signs of accumulation. We can buy it at current market price of Rs 695 and accumulate more till Rs 685 for the target of Rs 740 with a stoploss below Rs 665. Once it is able to cross above Rs 750 it can reach upto Rs 800 very easily.
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