On CNBC-TV18's new show Super Six, market gurus chartpundit.com's Hemen Kapadia, technical analyst at viratechindia.com Rahul Mohinder and Angel Broking's Shardul Kulkarni, 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.
Rahul Mohinder, Technical Analyst at viratechindia.com I would like to buy Everest Kanto. I think we have seen strong short-term outperformance by the stock and I think I would like to buy it at present levels of Rs 91. Target for the stock in short-term would be about Rs 97. I would keep a stoploss at Rs 87 and one would see the stock not only outperform with good pricing volume breakout, its even breaking out of the Rs 90 resistance zone which is probably in 2011 never been crossed. So this breakout above Rs 90 is certainly worth noting and I think this can really lead to biggest medium to long-term trend as well. The second buy is Mundra Port, again very strong outperformance seen in the short-term by the stock. Rs 155-159, thatDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
