HomeNewsBusinessStocksSuper Six trading ideas for the day

Super Six trading ideas for the day

Kunal Saraogi of Equityrush advises selling Tata Power with a target of Rs 64.

July 30, 2015 / 09:38 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

On CNBC-TV18's show Super Six, market gurus Vishal Malkan, Hemen Kapadia and Kunal Saraogi share, 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.Vishal Malkan of malkansview.comMy first pick is Aurobindo Pharma. It has made an important bullish pattern on daily charts at the important supports of Rs 720, hence I recommend a buy with a stoploss of Rs 720 for targets of Rs 765.My second pick is Jubilant Foodworks. It has formed a bullish pattern on daily charts, intraday momentum has entered into bullish zone, hence I recommend a buy with a stoploss of Rs 1,820 for targets of Rs 1,885.Hemen Kapadia of KR Choksey SecuritiesI have a buy call on ACC. It has reflected a near-term trend by giving upward key reversal on the daily charts with significantly higher volumes. The mechanical indicators are supporting the move, have signalled a buy, indicating the stocks intention to appreciate further from here. One can buy ACC at its closing of about Rs 1,370 with a stoploss of Rs 1,362 and a target of Rs 1,386.I have a buy call on Aurobindo Pharma. It has reflected near-term strength by giving an upward key reversal on the daily chart on significantly higher volume, mechanical indicators are supporting, the move had singled a buy indicating the stocks intention to appreciate further from here. One can buy Aurobindo Pharma at its closing of around Rs 730, stoploss of Rs 725 and target of Rs 740.Kunal Saraogi of EquityrushMy first trading call will be a sell on Tata Power with a stoploss at Rs 69 and target of Rs 64.My second call will be a buy on DCB Bank with a stoploss at Rs 130 and a target of Rs 140.

first published: Jul 30, 2015 08:52 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!