Super Six buy/sell call for October 25

On CNBC-TV18's show Super Six, market gurus Salil Sharma of KR Choksey Securities, Nooresh Merani of AMSEC Research  and Gaurav Ratnaparkhi of Sharekhan 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.

Salil Sharma, KR Choksey Securities The first trade I would like to recommend for the day would be a buy on IDFC. One can buy it at the current levels of Rs 105 keeping a stop loss of Rs 102 while the target would be at Rs 111. I would like to suggest the second trade as a sell trade where one could go short on Kotak Mahindra Bank keeping a stop loss of Rs 715 while the target would be Rs 685.
Nooresh Merani, AMSEC Research My first call is a buy on GVK Power & Infrastructure. The stock has given a triangle breakout above Rs 7.8 levels which gives us a short-term target price of Rs 9.50. Traders can give a stop loss at Rs 7 with a target price of Rs 9.5 in the stock. My second stock call is a buy on Hero Motocorp once it crosses above Rs 2,135 levels. The stock has been consolidating for the last two weeks with multiple tops around Rs 2,130-2,135. Once the stock crosses this level, we can expect a target price of Rs 2,250 and a stop loss to be placed at Rs 2,070.
Gaurav Ratnaparkhi, Sharekhan I have a sell call on Reliance Communications (RCOM). RCOM seems to be a top talk in the month of September. Since then it is trading with bearish bias. Since last couple of weeks, the stock has been trading in a narrow range which in terms of price pattern has taken form of a bearish flat pattern and the pattern is about to breakout on the downside. The daily momentum indicator has formed a bearish hook pattern, which adds to the bearish bias. All these observations suggests that a sharp fall is on the cards. So one can sell RCOM futures with a stop loss of Rs 153 and a target of Rs 140. Syndicate Bank has been in a pullback mode. However, to complete the pullback this stock has formed a multi-week distribution triangle and the same looks complete in the last session. The stock is facing resistance near daily upper Bollinger band, so hereon the stock is expected to resume with the larger downtrend. Even the risk reward ratio is excellent to initiate fresh short positions. Stop loss for October futures will be Rs 78.50 and target will be Rs 71.