Super Six stocks you can bet on September 18

On CNBC-TV18's show Super Six, market gurus Jay Thakkar, Meghana V Malkan 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.Jay Thakkar of SharekhanThe first buy recommendation is on Canara Bank. One can buy this stock for the retracement of its entire fall which has been a five-wave declining structure. So what we are expecting is a three-wave rise, one can buy this stock for a three-wave rise on the upside. The minimum retracement target comes to Rs 280 whereas the stoploss can be placed at Rs 261. The momentum indicators are well in the buy mode with the stock trading above its short-term average. These technical evidences clearly suggest that the stock is heading towards the level of Rs 280.The second buy call is on Reliance Industries. It has formed a kind of a double bottom and from those levels, we have seen the stock forming higher tops and higher bottoms on a daily charts. One can buy at a current market price for a target of Rs 915 with a stoploss of Rs 855.Meghana V Malkan of malkansview.comMy first pick is a buy call on Bajaj Auto, Rs 2,300 was the previous resistance from the stock which has become a good support. It also formed a bullish candle pattern in Wednesday's trading session with good volumes at that level. Therefore a buy call on Bajaj Auto for a stoploss of Rs 2,300 for a target of Rs 2,440.My second call is a sell call on Zee Entertainment Enterprises. It has been resisting crossing Rs 400 levels since the past three-four trading sessions forming indecisive candle patterns at that level. Therefore a sell call on Zee with a stoploss of Rs 400 for a target of Rs 377.Ashish Kyal of wavesstrategy.comWelspun India is one of the stocks which has been continued to move higher despite of an independent to the Indian equity movement. So it can be bought with a stoploss of Rs 790 and the target of somewhere around Rs 935 can be expected. This stock has made a high near Rs 960 and retraced somewhere around 38.2 percent of the entire rise and from there we have seen a smart recovery and a good bounce back which has taken a good support near 100 days moving average (DMA).Next stock which we are recommending is a sell call on Bharat Forge. We have suggested sell just a few days back and again this stock has continued to move lower as expected. It has been failing to cross above 20 days moving average and has been constantly forming lower high and lower lows. So as long the structure remains intact, it should be a sell on rally strategy. So this stock is definitely in the downward zone and one should avoid catching a low in this stock. The target on the downside can be expected somewhere around Rs 880 and the stoploss should be maintained at Rs 990.