6 trading bets that can fetch you handsome returns

On CNBC-TV18's show Super Six, market gurus Vishal Malkan, Gaurav Ratnaparkhi and Ashish Kyal, 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.Vishal Malkan of malkansview.comMy first pick for today is Century Textiles and Industries. It has broken above the resistance of Rs 555 with good volumes. Intraday momentum has entered into bullish zone. Hence, I recommend a buy with a stoploss of Rs 555 for targets of Rs 575.My second pick is Shriram Transport Finance Corporation. It has also broken above the resistance of Rs 970 on daily closing basis with good volumes on intraday charts. Hence, I recommend a buy with a stoploss of Rs 965 for targets of Rs 995. Gaurav Ratnaparkhi of SharekhanI have a sell call on Mahindra and Mahindra (M&M). M&M has moved up significantly in the last few weeks. However the larger picture shows that this was just a short-term pull back after a five wave decline which was formed in the month of August. As per Elliot wave theory, hereon the stock is expected to from next set of five wave decline. So, one can initiate short positions in M&M futures with stoploss of Rs 1,284 and target will be Rs 1,175I have a sell call on Housing Development and Infrastructure (HDIL). Weekly chart of HDIL shows three wave pull back and to complete the pull back, the stock has formed a ending diagonal pattern on the daily chart and the pattern has broken out on the downside in the last session. And the breakout has occurred on the backdrop of bearish daily momentum indicator. From trading perspective, stoploss for HDIL Futures will be Rs 79 and target will be Rs 72.Ashish Kyal of wavesstrategy.comThe first stock pick during current scenario is going to be Shree Cements which has continued to strongly outperform and the weekly and the daily bars have been positive. One can expect a target of Rs 14,050 on upside and on downside, the stoploss has to be maintained at Rs 12,000 levelsThe next stop that we have is Adani Ports and Special Economic Zone which is in sell. Momentum has failed to build up in Indian equity markets so far. The trend has been positive, but there is no such strong bar formation which is happening. So, Adani Port is a sell with a stoploss of Rs 322 on upside and the target can be expected at around Rs 290 on the downside.