Super Six: Top chart picks for May 26

On CNBC-TV18's show Super Six, market gurus Sameet Chavan, Digesh Shah and Jay Thakkar, 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.Sameet Chavan of Angel BrokingWe have a first buy call on Petronet LNG for a target of Rs 280 and stoploss would be Rs 253. After a vertical fall of nearly six days from its recent highs of Rs 282-283 the stock has managed to find a strong support around its daily 89 DMA which was place around Rs 252.In the recent past Indiabulls Housing Finance has been our preferred pick from the housing finance segment. The stock certainly looks good, if we look at the daily chart structure it has been maintaining its higher top higher bottom formation. We recommend the stock to buy for a target of Rs 730 and stoploss can be placed at Rs 680.Digesh Shah of Veracity FinWe have a buy call onDr Reddy's Laboratories, the stock has been inching up higher and higher forming morning doggy star pattern at lower level. More over the stock is on a verge of giving that trend line breakouts. So, it is a pre-emptive call. One can buy a Dr Reddy with a price target of Rs 3,140 maintain a stoploss below Rs 3,007. Our second trading idea is Coal India, after forming double bottom near to Rs 271 level the stock has been inching up higher and higher and posted a high of Rs 294. Then taking a support near 78.6 percent retracement the stock tested higher level and resumes its uptrend. So, Coal India is a buy with an initial price target of Rs 289 maintain a stoploss below Rs 277.Jay Thakkar of SharekhanThe first one is on TVS Motor. The stock seems to have completed the wave E of its consolidation on a daily charts. It seems to be forming a symmetrical triangular pattern and I think the final leg on the downside is over. Now a breakout on the upside is expected. One can buy TVS Motor for a target of Rs 313 and for that one can place a stoploss at Rs 289.50.The second buy recommendation is on UPL. It has again confirmed the higher top higher bottom formation on the daily charts. On the weekly charts we see that the pending wave 5 targets are yet to be achieved on UPL. The way the momentum indicators are already in the buy mode of a weekly charts the probability of the wave five is quite high and in that process the stock is likely to inch towards the level of Rs 615. Hence, one can buy UPL for a target of Rs 615 with a stop loss of Rs 579.