Mid-cap Picks with Anil Singhvi: Want big gains? 3 stocks you can buy as per analyst Himanshu Gupta
In yet another episode of #Spl MidcapStocks, market analyst Himanshu Gupta today recommended three more mid-cap stocks for investors to buy to generate big returns. His previous calls on Hexaware, Prestige Estates and Galaxy Surfactants have all seen excellent moves, he said
In yet another episode of #Spl MidcapStocks, market analyst Himanshu Gupta today recommended three more mid-cap stocks for investors to buy to generate big returns. His previous calls on Hexaware, Prestige Estates and Galaxy Surfactants have all seen excellent moves, he said. In a chat with Zee Business Managing Editor Anil Singhvi today, Gupta recommended stocks with long term, positional medium term and short term views.
Top Stocks To Buy: ABB Limited
Today, Gupta recommended ABB Limited with a long term view. This stock is currently trading around Rs 910. It has completed its major down cycle from the highs of Rs 1400 to Rs 750. A fresh uptrend has started from these levels, he said. This stock saw a rally up to Rs 1000 followed by a correction. Since then, this stock has shown consolidation. The stock is now ready to show an upside from here. The uptick from the lower levels is intact and ABB is now well poised to achieve Rs 1100-1150 levels. This could be achieved in a few weeks from now. He recommended buying in this stock at current levels and puts the stop loss at Rs 870.
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Top Stocks To Buy: SBI Card
The technical analyst picked SBI Card with a positional medium term view. This stocks has given an excellent recovery from lower levels, he said. After making a high in July it has made a small consolidation. On Tuesday, it crossed a small hurdle of Rs 765 achieving a new high of Rs 790, today. It will show an outperformance in the next few days and weeks, he said. A sequence of new highs and new lows is expected to form from here. It should be purchased at existing levels. He puts the target price at Rs 850 with a stop loss at Rs 765.
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Top Stocks To Buy: Dalmia Bharat Sugar
The technical analyst picked Dalmia Bharat Sugar with a near term view. Gupta said that this stock is now ready for a further upside after showing consolidation at higher levels. This stock has given a multi-month and multi-year breakout. This is a cyclical stock and cyclical stocks are currently showing outperformance. On technical charts it has breached a multi-year resistence at Rs 130, he said. This stock is ready for an upside. This stock is currently trading around Rs 146. He puts the target price between Rs 170-190 and the stop loss at Rs 130.
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