Mid-cap Picks with Anil Singhvi: Jay Thakkar picks Mangalam Cement, HAL, Blue Star for top returns
In chat with Zee Business Managing Editor Anil Singhvi, market expert Jay Thakkar today recommended his top three mid cap stock picks for investors to buy, which he said have great potential to earn.
In chat with Zee Business Managing Editor Anil Singhvi, market expert Jay Thakkar today recommended his top three mid cap stock picks for investors to buy, which he said have great potential to earn. These stocks were recommended with long term, positional medium term and short term views. Know why this analyst thinks these stocks to hold promise!
Top Stocks To Buy: Mangalam Cement
Thakkar picked a stock from the cement sector. He said that this sector is poised to do well from here. This stock is Mangalam Cement which is currently trading around Rs 188. He said that the target price of this stock is Rs 286 with a stop loss of Rs 144. This stock should be bought with a 12-month view, he added.
Top Stocks To Buy: HAL
The technical analyst picked Hindustan Aeronautics Limited as a positional medium term buy. This stock is currently trading around Rs 747. He recommends buying in this stock at the existing levels. He puts the target price around Rs 1000 while the stop loss at Rs 684. This stock has seen significant correction. Now, after some consolidation, it is ready for an upward move, he said. The risk to reward ratio is quite good from here.
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#SPLMidcapStocks | शॉर्ट टर्म, पोजीशनल और लॉन्ग टर्म में किन मिडकैप शेयरों में बनेगा पैसा? जय ठक्कर से जानिए उनकी 3 दमदार मिडकैप PICK#ZBizBazaar #MidcapStocks @AnilSinghvi_ @JayThakkar22 pic.twitter.com/hkMjwgxv3v
— Zee Business (@ZeeBusiness) October 16, 2020
Top Stocks To Buy: Blue Star
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As for the short term pick, Thakkar picked Bluestar. This stock is currently trading around Rs 639. The breakout in this stock has come today. The short term targets on this stock is Rs 706. It has the potential to go up by 60-70 points from here, he added. He puts the stop loss at Rs 609. If the stock remains up from here, there could be a possibility of a golden crossover. This will make it a good buy for medium to long term also.
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