On CNBC-TV18's new show Super Six, market gurus Hemen Kapadia, CEO of chartpundit.com, Manas Jaiswal, Technical Analyst of Emkay Global 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 Titan Industries has shown a lot of intraday strength. It has given a mini breakout of sorts by overcoming a supply line. It looks great from an intraday point of view. One can buy at Rs 220 with a stoploss at Rs 217 and target of Rs 226. It is an intraday call. Ranbaxy has reflected a lot of strength on the hourly charts. One can buy it at Rs 489 with a stoploss of Rs 485 and target of Rs 497. This is an intraday call.
Manas Jaiswal, Technical Analyst of Emkay Global Jindal Saw has taken support near to 61.80% in retracement level of the recent bounce back. Stock has broken the resistance of Rs 125, so I think now it can come upto Rs 138 and keep stoploss at Rs 123. HDIL has made a good bottom near to Rs 96. On the daily charts oscillators are showing positive crossover. So one can buy at current levels with stoploss of Rs 105 and target is Rs 120.
Sanjeev Agarwal, CEO of Dynamix Research & Capital Management
We can buy Indiabulls Real Estate at current market price of Rs 84 and upto Rs 83.50 for the target of Rs 89-91 with stoploss below Rs 80.
We can buy Uflex at CMP of Rs 170 upto Rs 166 for a target of Rs 188-190 with a stop loss below Rs 157.
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