6 trading stocks for short term gain

On CNBC-TV18's show Super Six, market gurus Vishal Malkan of malkansview.com, Shrikant Chouhan of Kotak Securities and Vikrant Jadeja of Vibrant Trades share, 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, malkansview.com Bata India is a buy call. It has broken an important resistance of Rs 1,000 on daily as well as weekly chart. Momentum has entered into bullish zone. I recommend a buy with a stop loss of Rs 1,035 for targets of Rs 1,075 and Rs 1,090. Hero Motocorp is a sell call. It has broken an important support of Rs 2,000 on closing basis formed a bearish candlestick pattern on daily as well as weekly chart. I recommend a sell with a stop of Rs 2,000 for targets of Rs 1,950 and Rs 1,920.

Shrikant Chouhan, Kotak Securities
Buy United Spirits, which is trading at Rs 2,530-2,525 levels. I am expecting this stock to trade somewhere around Rs 2,600-2,650 in next one-two days of time. We can trade long at current levels with a final stop loss at Rs 2,480 on the downside. The stock is into the median level of the Bollinger band and it is showing a lot of bullishness.
The second one is to go short on JSW Steel which is trading at Rs 875-880 levels. The stock has formed a negative divergence on daily charts and it is trading negative. So we can trade short at current levels with a final stop loss at Rs 890 on the higher side for the target of Rs 855-840 on the downside.
Vikrant Jadeja, Vibrant Trades
On intraday charts as a reversal on the upside we may see some kind of higher levels around Rs 345 in GAIL India futures and also the stock has managed to form some kind of bullish engulfing pattern on candlesticks on daily charts, which indicates there is some kind of higher rates could be expected from. So one can accumulate GAIL futures at current market price with a stop loss of Rs 322 and one can easily expect a target of more than Rs 345 in the next one-two trading sessions.
On higher side intraday chart of Cadila Healthcare has formed some kind of flag pattern. So as a breakout, we may see some kind of rate of more than Rs 780 in the next three-four trading sessions. So, one can accumulate this stock at current market price with a stop loss of Rs 720 on a closing basis.