Mid-cap stocks with Anil Singhvi: Know why analyst Simi Bhaumik recommends Eveready, Graphite India, Mayur Uniquoters
Market analyst Simi Bhaumik today recommended three mid-cap stocks for investors to buy to generate handsome returns. In a chat with Zee Business Manging Editor Anil Singhvi, she explained which of these stocks were and why they are poised to do well from here
Market analyst Simi Bhaumik today recommended three mid-cap stocks for investors to buy to generate handsome returns. In a chat with Zee Business Manging Editor Anil Singhvi, she explained which of these stocks were and why they are poised to do well from here:-
Top Stocks To Buy: Eveready Industries
Today, Bhaumik recommended Eveready Industries with a long term perspective. She had previously recommended this stock at levels around Rs 200. It is now trading around RS 235. This stock is recommended at existing levels as it is still showing strength, the technical analyst said.
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The target price in this stock is between Rs 320-Rs 350. She gives a 1-2 month view. She puts the stop loss below Rs 210.
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Top Stocks To Buy: Graphite India
Bhaumik recommended Graphite India with a positional medium-term view. It is currently trading around Rs 414. She said that this stock has the potential to reach up to levels around Rs 520. The minimum target price is in the range between Rs 465 and Rs 475. There is a small hurdle around these levels and if the stock crosses this range the next target price would be achieved. She puts the stop loss at Rs 380.
Top Stocks To Buy: Mayur Uniquoters
Another stock picked by her was Mayur Uniquoters. The stock is currently trading around Rs 330. She puts the stop loss at Rs 320. The target price is between Rs 365 and Rs 375. It should be achieved in 7-10 trading sessions.
The next target price is between Rs 390 and Rs 400. Investors who want to hold this stock can even hold it, she said.
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