Mid-cap Picks with Anil Singhvi: Orient Cement, Delta Corp, Shriram City Union - hot stocks for investors
In a chat with Zee Business Managing Editor Anil Singhvi, technical analyst Manas Jaiswal today recommended three stocks, which he said have potential to give high returns to the investors. The recommendations given by him were from the long term positional medium term and short term view. Know which stocks he recommended today
In a chat with Zee Business Managing Editor Anil Singhvi, technical analyst Manas Jaiswal today recommended three stocks, which he said have potential to give high returns to the investors. The recommendations given by him were from the long term positional medium term and short term view. Know which stocks he recommended today.
Top Stocks To Buy – Orient Cement:
Jaiswal recommended Orient Cement as his top Buy with a long term view. He asked investors to focus on this stock. This stock has seen some correction a while ago, with bottom formation around Rs 57-58. There was a bounce back after this with some corrections again. But today’s pattern shows that the stock is ready for a higher top-higher bottom formation. This stock should be bought at the existing levels of Rs 67. He puts the stop loss at Rs 54 while the target price recommended is at Rs 85.
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#SPLMidcapStocks | शॉर्ट टर्म, पोजीशनल और लॉन्ग टर्म में किन मिडकैप शेयरों में बनेगा पैसा? मानस जायसवाल से जानिए उनकी 3 दमदार मिडकैप PICK#ZBizBazaar #MidcapStocks @AnilSinghvi_ @themanasjaiswal pic.twitter.com/kVw9JWSlJ1
— Zee Business (@ZeeBusiness) October 28, 2020
Top Stocks To Buy – Delta Corp:
The analyst picked Bajaj Delta Corp as a positional medium term Buy. A big consolidation is being seen in this stock now. This stock has been moving till the levels around Rs 115-Rs 120. It is currently trading around Rs 111. It has a support around Rs 105. There could be a sharp upward move once the stock breaches its high of Rs 118. He puts the stop loss at Rs 104 while the target price is Rs 128. This is a 3-4 week view on Delta Corp stock.
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Top Stocks To Buy - Shriram City Union Finance:
As for short term pick, Jaiswal picked Shriram City Union Finance. It has seen a correction a few days ago. It has made a bottom around Rs 800. It is currently trading around Rs 826. There could be a decent upward move in this stock from here. He puts the target price at Rs 875 while the stop loss at Rs 809. This is recommended with a 2-3-day perspective.
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