Mid-cap Picks with Anil Singhvi: Market Analyst Himanshu Gupta today recommended three more mid-cap stocks for investors to buy to generate big returns. In a chat with Zee Business Managing Editor Anil Singhvi today, Gupta recommended stocks with long term, positional medium term and short term views. This time Himanshu has picked Aarti Drugs, IRB Infra and Dalmia Bharat Sugar as his long term, positional medium term and short term views.

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Long Term Pick: Aarti Drugs

The stock has been consolidating for the past 6 months after performing extremely well. Aarti Drugs stock is trading at its long term support range of Rs 600 – Rs 650. The stock seems to move upwards and the momentum looks good on the long side. The technical indicators on the stock are extremely positive. The risk reward on Aarti Drugs stock is extremely favourable. Aarti Drugs target on the stock is Rs 750 – Rs 800 and stop loss should be below Rs 600. Aarti Drugs stock should be added in any dips in range of Rs 630 – Rs 650.

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Positional Pick: IRB Infra

Technically, the stock seems to be ready for a good upmove. Since September, the stock has consolidated extremely well and has a strong support in range of Rs 100 – Rs 105. IRB Infra stock is seeing higher highs, 2 sessions ago crossing an important level of Rs 112 – Rs 113 which was a swing high. Chart setup indicates that the stock is ready to move up and can see good upmove from here. The target on IRB Infra is Rs 140 – Rs 145 and stop loss is Rs 105. Promoters and FIIs are consistently buying into the stock. The cash flow of the company has improved. Past 2 quarters of the company showed good improvement in the margins as well.

Short Term Pick: Dalmia Bharat Sugar

Sugar sector seems to be in good momentum and many sugar stocks are participating in the current rally. Flag and pole pattern breakout was witnessed in Dalmia Bharat Sugar stock yesterday. Technically the stock is looking for a strong upmove to the level of Rs 200 – Rs 210 with stop loss of Rs 165.