Super Six stocks you can bet on October 5

On CNBC-TV18's show Super Six, market gurus Manav Chopra, Jay Thakkar and Ashish Kyal, 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.Manav Chopra of Networth Stock BrokingMy first buy call is on Larsen and Toubro (L&T). The stock recently has observed a five wave decline on the daily charts and has formed a short-term bottom in place. After a descent of 25 percent, the momentum indicators have also bounced from its oversold territory which is hinting for a 38 percent retracement of its previous decline. Looking at the overall formation as the prices have breached its important resistance line, we expect the near-term targets of close to Rs 1,600. On the lower side Rs 1,450-1,460 is an important support and we recommend a buy with a stoploss of Rs 1,440. My second buy call is on Jubilant Foodworks. The prices on the daily charts has breached its bullish head and shoulder pattern which has confirmed a short-term reversal formation. The prices after a short-term consolidation has also managed to close above the important levels of Rs 1,630 on the weekly charts which is hinting for a positive rally in the near-term perspective. On the higher timeframe charts that is weekly charts that is prices continue to be in a strong uptrend and the recent decline was only concluded as corrective in nature. We expect a good rally in the near-term hinting for upside target of Rs 1,750. We recommend a buy with a stoploss of Rs 1,600. Jay Thakkar of ShareKhanThe first is Larsen and Toubro (L&T). This stock has fallen in a five wave declining structure which is quite visible on the weekly charts. On the monthly chart, it has been a straight fall. However, at least for a very short-term, for say two or three days or within this week, I see this stock inching towards the levels of Rs 1,570. This is a very conservative target of the inverse head and shoulder pattern from which it has given a breakout and that is quite visible on the hourly charts. On the lower side Rs 1,470 that is the neckline, support of this inverse head and shoulder pattern; that is a very good support. So, one can buy L&T for a target of Rs 1,570 with a stoploss of Rs 1,470. The second buy recommendation is on Tata Consultancy Services (TCS). This stock has been consolidating in a triangular pattern since couple of months now. It has just reversed from the lower end of the range and it has completed the wave E of this triangular pattern which happens to be the last wave of any consolidation. So, the way it has also started to form higher tops and higher bottoms on the daily charts, the stock is inching towards the higher end of this trading band. So, the target for TCS comes to Rs 2,720. So, what I recommend is, one can buy TCS for a target of Rs 2,720 with a stoploss of Rs 2,600.Ashish Kyal of wavesstrategy.comThe first stock that we are looking at it is Welspun India. This stock has strongly outperformed and as soon as we start seeing some kind of stabilisation, we see that this stock starts outperforming. So, Welspun India can be bought with a stoploss of Rs 810 and the target we can expect around Rs 910. The next stock that we have picked up is Hitachi Home. The stock has come very close to the 200 day moving average and we are now seeing a higher high, higher low formation. We have seen a good bounce back in past few days and that is why the momentum can be build up on this stock. So one can buy with a stoploss of Rs 1,430 and we can expect target at around Rs 1,565 on upside.