Super Six trading ideas for the day

On CNBC-TV18's show Super Six, market gurus Meghana V Malkan, Gaurav Bissa and Sameet Chavan, 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.Meghana V Malkan of malkansview.comMy first sell call is on Hero Motocorp, Rs 2,670 has been acting as a resistance on the stock. It was not able to cross the level in yesterday's trading session. Momentum indicators on daily charts are halted at resistance level too. Therefore a sell call on Hero Motocorp with a stoploss of Rs 2,670 for a target of Rs 2,550.My second call is a buy on UltraTech Cement. The stock is poised at a support of 20 period moving average on daily chart. Therefore a buy call with a stoploss of Rs 2,860 for a target of Rs 3,000.0Gaurav Bissa of LKP SecuritiesMy first recommendation today is buy on Punjab National Bank (PNB). The public sector undertaking (PSU) banking names or the overall banking names have not been doing good but this particular one has been stable. Rs 125-130 is the zone where it has seen a decent amount of support, multiple bounces are seen from these levels. For short-term trades, I would recommend going long for target of Rs 138 keeping the stoploss at Rs 128.My second recommendation today is sell call on Dish TV. The stock has failed to sustain levels of Rs 110 from where the breakout would have been seen. From those levels, it has been seeing consistent fall followed by fresh shorts. I recommend going short on this stock for the target of Rs 99 keeping the stoploss at Rs 104.50.Sameet Chavan of Angel BrokingWe are optimistic on Indian Oil Corporation (IOC) for the target of Rs 426. It can be bought by keeping the stoploss of Rs 399. After three months of consolidation, this stock has given a decisive breakout from its multiple resistance zone of Rs 408 on a closing basis, this was supported by more than twice of its average daily volumes thus we expect this momentum to continue over the next few sessions. We have a target of Rs 426.My second call would be to short sell Arvind for the target of Rs 258 and stoploss can be kept at Rs 279. After four-five weeks of consolidation, the stock has finally managed to breach its major support levels of Rs 278-279 on a closing basis. The momentum clearly looks on the downside. Thus it can be short sold for a target of Rs 258.