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Super Six stocks you can bet on Oct 7

On CNBC-TV18's in Super Six show, market gurus Hemen Kapadia, CEO of chartpundit.com, Shrikant Chouhan, VP Technical Research of Kotak 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.

October 07, 2011 / 10:02 IST
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On CNBC-TV18's in Super Six show, market gurus Hemen Kapadia, CEO of chartpundit.com, Shrikant Chouhan, VP Technical Research of Kotak 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
Sell Aditya Birla Nuvo. It has indicated a significant amount of weakness. It could decline further from here. One can sell it at Rs 882 with a stoploss of Rs 890 and target of Rs 866. It is a short term call valid from an intraday point of view.
Buy ACC. It has given an upward key reversal on the daily charts. Most of the daily mechanical indicators have signaled a buy. One can buy it at Rs 1107 with a stoploss at Rs 1099 and a target of Rs 1123. It is a shorter term call valid from and intraday point of view.
  Shrikant Chouhan, VP Technical Research of Kotak Securities
Buy Coal India. After correcting from Rs 420 the stock is near to its important support of Rs 315-320 and we can call it a very good support for this stock. We can trade long at CMP with a stoploss at Rs 310 and target of Rs 355 & 375 on the higher side.
Sell Escort. The stock has formed one rising leg and now its correcting from that particular leg. So we can trade short at current level of Rs 70-71 with a stoploss at Rs 73 and target of Rs 66-62 on the lower side.
  Sanjeev Agarwal, CEO of Dynamix Research & Capital Management Areva T&D has been showing strength in a down market and we can buy at CMP for a target of Rs 240-260 with a stop loss below Rs 219. Gitanjali Gems is holding on its own in a down market. Buy it at CMP with a stop loss at Rs 339 for a target of Rs 370.
first published: Oct 7, 2011 08:40 am

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