Super Six: Hemen, Hemant, Arunesh on their top picks

On CNBC-TV18's new show Super Six, market gurus Hemen Kapadia of chartpundit.com, Hemant Thukral of SBI Capital Securities and Arunesh Madan of Augment Investment, 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, chartpundit.com

The first stock that I would like to recommend is Orbit Corporation. One can buy it at around Rs 44 with a stop loss at Rs 42 and a target of Rs 48. This is probably a shorter term call, the validity of which would be 4-5 trading sessions.

The next stock that I would like to recommend is Aban Offshore. The stock is set for a smart and a sharp upside move. Keeping that in mind one can buy it at around Rs 535 with a stop loss of Rs 520 and a target of Rs 565.

 

Hemant Thukral, SBI Capital Securities

First stock for the day is Oriental Bank of Commerce, a midcap PSU bank. In immediate short term what we see is a target of Rs 365-370. Trader should keep a stop loss around Rs 320-325 where a very strong base a strong support of OBC exists.

Second stock that we have today is Hexaware, a midcap IT company. 6% fresh OI added up, traders can make a long position for a target of Rs 84 but should keep a stop loss at Rs 62-63.

 

Arunesh Madan, Augment Investment

My first midcap idea of the day is a buy on Bharati Shipyard. It is trading in a narrow range between Rs 125 and 130. The stock can be bought around the Rs 130 level for a target price of Rs 142-150. The stop loss can be placed below the Rs 124 levels.

My second midcap call for the day is a short on Lovable Lingerie. The stock can be short at Rs 420 levels with a stop loss placed above Rs 428 levels for a target of Rs 400.