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 Anant Raj Industries, Shanti Gears and ITD Cementation as his long term, positional medium term and short term views.
 
Long Term Pick: Anant Raj Industries

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This company is into the business of Real Estate. The entire real estate space has underperformed in past 10 to 12 years. Anant Raj Industries has seen similar underperformance since 2009 like the real estate sector. Anant Raj Industries stock has seen good consolidation in the range if Rs 25 – Rs 35 and now seeing good turnaround. The chart pattern on Anant Raj Industries stock is looking extremely positive. The stock gave a breakout above Rs 36 – Rs 38 and the sequence of higher highs is sustaining. Major technicals are looking positive and major breakout is visible on this stock. Anant Raj Industries stock should be bought in the range of Rs 45 – Rs 48.5 with stop loss of Rs 42 and target of Rs 67 and Rs 75.

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Positional Term Pick: Shanti Gears

Shanti Gears stock has formed a double bottom formation. The lower end of the stock is Rs 70 and the higher end is Rs 150 – Rs 155. The stock gave a breakout 2 sessions above Rs 134 – Rs 135 indicating that further upside is possible on the stock. The technical setup on the stock is excellent. Leading and lagging indicators are also supporting the stock. Shanti Gears stock should be bought in the range if Rs 135 – 142 with stop loss of Rs 125 and target of Rs 155 – Rs 160 and see Rs 195 eventually.

Short Term Pick: ITD Cementation

The stock has seen good delivery volumes in past few sessions. ITD Cementation stock looks to have finished its downtrend after it started trading over Rs 70. ITD Cementation stock now seems to be in a strong uptrend. The momentum on the stock seems to be extremely positive. Leading indicators suggest that stock can move Rs 20 – Rs 25 in near term. The target on ITD Cementation stock is Rs 100 with stop loss of Rs 74.