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Last Updated : Dec 07, 2015 09:37 AM IST | Source: CNBC-TV18

Super Six stocks that can boost your portfolio on Dec 7

Aditya Agarwal of Way2Wealth Securities is of the view that one may buy State Bank of India with a target of Rs 252.

On CNBC-TV18's show Super Six, market gurus Ashish Kyal, Gaurav Ratnaparkhi and Aditya Agarwal, 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.

Ashish Kyal of

First stock in buy today is going to be Petronet LNG. This stock has managed to trade at the 52-week high when majority of the market has been drifting lower. So, despite the negative sentiments across the board, this stock has bucked the trend and has continued to move higher. One can buy it at current market price, keep a stoploss at Rs 234 and target can be expected at Rs 260.

The next stock will be sell on Adani Ports. If you check, the stock has continued to drift lower irrespective of the movement of the majority of the market. One can keep selling the stock on any rallies on upside and keep a stoploss of Rs 266 for a target of Rs 240.

Gaurav Ratnaparkhi of Sharekhan

Bharti Infratel had formed an ending diagonal pattern on the daily charts and had broken out on the upside. However, we haven’t yet seen a significant follow through of the bullish breakout. In fact post the breakout, the stock has formed a short-term base above its crucial daily moving averages. So, here on, the stock can start a fresh move on the upside and one can buy the stock with stoploss of Rs 387 and target will be Rs 480.

I have a buy call on Godrej Industries. Daily chart of the stock shows a three wave correction which has unfolded in a channelized manner. In the last session, the stock has taken support near lower end of the channel. So, here on the stock can attempt a decent bounce and can test its upper channel line which is close to Rs 396 and stoploss can be placed Rs 363.

Aditya Agarwal of Way2Wealth Securities

First call for the day will be a buy call on State Bank of India (SBI). On lower side the stock has strong trend line support in the range of Rs 237-238 levels. In Friday’s trading session, we saw a pull back from those levels only and stock closed on a positive note. We are expecting that this short covering may continue on higher side, stock may test Rs 252 levels. So with stoploss of Rs 237 one can go long in SBI, keeping a target of Rs 252.

Second call will be a buy can on Bharti Airtel. This stock has a multiple support in the range of Rs 317 levels and we have seen a sharp pullback from those levels every time. So, at current levels, one can go long in Bharti Airtel keeping a stoploss of Rs 315 and on higher side target will be Rs 334.

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First Published on Dec 7, 2015 08:52 am
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