Super Six chart picks for August 18

On CNBC-TV18's show Super Six, market gurus Gaurav Bissa, Jay Thakkar and Kunal Saragoi 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.Gaurav Bissa of LKP SecuritiesFirst recommendation is buy on Bharat Forge. The target would be Rs 1,275, it is a very trading target, very short-term target. The stoploss for this stock would be around Rs 1,225.My second recommendation today is buy on Exide Industries. The stock has been struggling at around Rs 160 levels. The last time it test Rs 160 odd levels and it retraced the levels of Rs 140 that is over 10-15 percent from Rs 160 odd levels. Yesterday it has given a breakout above Rs 160 odd levels on a very short-term timeframe. It has given a breakout and a bullish flat pattern again a very positive factor as far as the technical goes, so I recommend going long in Exide Industries for very short-term target of Rs 170 keeping the stoploss at Rs 157.Jay Thakkar of ShareKhanFirst one is on UPL. Few weeks’ backs this stock had given a good breakout from a symmetrical triangle pattern following which we had seen a very good sharp run up on the upside. Since past couple of days it has been consolidating and in that process it was forming panel pattern. In yesterday’s trading session with a positive close this stock has managed to give a breakout from this panel pattern. So, now with the early indicators now in a buy mode as well as the weekly continues to be in the buy mode and in the short-term the prices have also climbed above its short-term moving averages. I think with all these technical parameters one can buy at the current market price. On the upside you can look out for a target of around Rs 575 and stoploss can be placed at Rs 543.Second is a buy call on Syndicate Bank. This stock has formed a very good falling edge pattern as well as an inverse head and shoulder pattern. In yesterday’s trading session it has given a breakout from this neckline on this inverse head and shoulder pattern. Now with a buy cross over in its daily weekly and monthly indicators as well as the stock is trading well above its short-term averages, I think with these technical evidence the stock is poised to inch towards the level of Rs 113 to 116 in the short-term whereas the stoploss for this trade will be Rs 102.70.Kunal Saragoi of EquityrushFirst up is Karur Vysya Bank which I recommend a buy on at the current levels with a stoploss at Rs 490 and a target of Rs 510.My second call is on Bank of Baroda which broke out very decisively on charts in yesterday trade can be bought with a stoploss at Rs 206 and a target of Rs 216.