Super Six intraday picks for the day

On CNBC-TV18's in Super Six show, market gurus Shardul Kulkarni, Sr Technical Analyst of Angel Broking, Rajesh Jain, EVP Retail Research, Religare Sec and Vishal Kshatriya, Sr Derivative and Technical Analyst of Edelweiss, 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.

Shardul Kulkarni, Sr Technical Analyst of Angel Broking
We have seen that L&T has given us a good bounce in the last few trading sessions but unfortunately has given a fresh head & shoulder breakdown on the hourly charts. We would recommend selling L&T Futures with a stoploss of Rs 1645 and a target price of Rs 1570 in the next 2-3 trading sessions.
We recommend selling Punj Lloyd. In this particular counter we see a perfect head & shoulder pattern & we expect this particular pattern to pan out in the next few trading sessions. The implications of this particular patter is clearly negative thus we recommend selling Punj Lloyd Futures with a stop loss of Rs 61.45 and a target price of Rs 54 in the next 3-5 trading sessions.
  Rajesh Jain, EVP Retail Research, Religare Sec ABB has moved sharply higher in last one month after a sideways consolidation for more than a week the stock has closed near its high on Tuesday. One can buy near Rs 860 keeping a stoploss of Rs 850 for target of Rs 890. A closing above Rs 900 can take the stock much higher. Bharti Airtel has its lowest closing in last 2 months and is on its neckline of a head & shoulder formation. A head & shoulder pattern is considered quite negative, on Tuesday the stock had fallen on high volumes. One can short the stock with stop loss of Rs 390 for target of Rs 365.
  Vishal Kshatriya, Sr Derivative and Technical Analyst of Edelweiss
I have a short call on ZEE. The stock has generated channel pattern breakdown along with good volumes. Momentum oscillators on daily chart has also generated bearish signal, open interest data indicates short built up in the counter, traders can go short in the range of Rs 113 & 115 with target price of Rs 107 maintain stoploss above Rs 118.
I have a short call on BHEL. The stock has generated one month old trend line breakdown along with good volumes, short term oscillators on daily chart have also generated bearish signal. I am expecting stock to trade with a negative bias in days to come. Traders can go short in a range of Rs 1700-1720 with target price of Rs 1640 and maintain stoploss above Rs 1750.