Super Six trading picks to bet on July 20

On CNBC-TV18's new show Super Six, market gurus Hemen Kapadia of chartpundit.com, Parag Doctor of Motilal Oswal Securities and Shrikant Chouhan, VP Technical Research of Kotak Securities, 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 of chartpundit.com BF Utilities has been looking very promising for the last 1.5 years or so. It hasn't yet broke out but is on the verge of breaking out. One can buy it at around Rs 760 with a stop loss of Rs 745 and a target of Rs 790. Jyothy Labs has given mini breakout from a very strong supply line, indicating an offset of what is possibly a shorter term uptrend. One can buy it at Rs 240 with a stop loss of Rs 230 and a target of Rs 260. This is a shorter term call the validity of which would be 4-5 trading sessions.
  Parag Doctor of Motilal Oswal Securities NCC has accumulated for several weeks between Rs 75 and 80 levels and now it has shown strength by breaking past the Rs 80 resistance and crossing the 50-day moving average. The stock is expected to move to the recent high of around Rs 90 levels with a stop loss at Rs 81.
Buy Sintex Industries. This stock has accumulated between Rs 170 & 180 for several weeks and now it has shown strength by crossing the 200-day average which is around Rs 180 levels. The stock is expected to move upto around Rs 195 levels with a stop loss being at Rs 179.
  Shrikant Chouhan, VP Technical Research of Kotak Securities United Spirits is a positional bet and after long time the stock is diverging positively on daily as well as weekly charts. So we can trade long in this particular stock. We have buy 50% at current levels and 50% more on declines around Rs 1000 with a final stop loss at Rs 950 on a closing basis and we can keep a target of Rs 1150 and 1250 on the higher side. Mundra Port is a short term play. The stock has spent time between the range of Rs 155 and 157 for last 4-5 days. With a stop loss at Rs 153, we can trade long for the target of Rs 166 and 174 on the higher side.