On CNBC-TV18's show Super Six, market gurus Ashish Kyal, Hemen Kapadia and Ruchit Jain, 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 wavesstrategy.com First stock for today on the buy side is going to be Dr Reddy's Laboratories. We can see that this stock has formed a classical inverse head and shoulder pattern and gave a strong breakout above the zone of Rs 3,250 levels. One can create long positions on stock keeping a stoploss of Rs 3,390 for the target level of Rs 3,630.The second stock on the buy side is going to be HPCL. We can clearly see that this stock has been strongly outperforming the overall market and has been trading near 52-week highs. Also, so far this stock has been managing to protect its 20 days exponential moving average, one can create long positions on HPCL keeping a stoploss near Rs 985 levels and the target of Rs 1,070 can be expected on the upside.Hemen Kapadia of KRChoksey Sec I have a sell call on Arvind. It has reflected near-term weakness by giving a downward key reversal on the daily chart on higher volume. Mechanical indicators on the intraday charts have turned negative, have signalled a sell, indicating the stock intention to depreciate further from here. One can sell Arvind at its closing of around Rs 328, stoploss of Rs 331, target of Rs 322. I have a buy call on LIC Housing Finance. It has reflected near-term strength by posting a higher top higher bottom on the daily charts. Mechanical indicators on the intraday charts are positive, has signalled a buy, even the daily mechanical indicators are supporting the move, have signalled a buy indicating the stock intention to appreciate further from here. One can buy LIC Housing Finance at its closing of around Rs 498, the stoploss of Rs 494 and target of Rs 506.Ruchit Jain of Angel BrokingMy first call is a buy call in GAIL India with stoploss below Rs 381 and target of Rs 422. The stock since last one month is in a consolidation phase and on higher degree charts, the stock is in an uptrend by forming higher tops and higher bottoms. One should buy GAIL at current levels with stoploss below Rs 381, target of Rs 422.My second call is a buy call in Tata Power. The stock is maintaining a higher degree uptrend by formation of higher tops and higher bottom. Also since last three months the stock has shown a five-wave impulsive upmove, which indicates an uptrend in the stock. One should buy this stock with a stoploss below Rs 71.50 for target of Rs 80.
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