Midcap stocks to buy with Anil Singhvi: Jay Thakkar recommends Burger King, Sundaram Finance, TCI Express for gains - Check target and stoploss here
Market Expert Jay Thakkar told Zee Business Managing Editor Anil Singhvi that he is bullish on three companies, namely TCI Express Ltd, Sundaram Finance Limited and Burger King India Ltd in the long term, positional and short-term categories.
In the latest episode of 'Special Mid Cap Picks', market expert Jay Thakkar told Zee Business Managing Editor Anil Singhvi that he is bullish on three companies, namely TCI Express Ltd, Sundaram Finance Limited and Burger King India Ltd in the long term, positional and short-term categories.
Speaking with the market guru, Thakkar explained why he thinks investors should buy these stocks for good returns.
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Long Term Pick- TCI Express Ltd
Thakkar said that he has picked TCI Express for long term category and added that the company he has recommending is fundamentally strong and almost debt free. He said that in last 3-4 years the ROE growth of the company has been good, infact margins have improved a lot. It has gone up from around 12 percent to around 17 percent.
The market expert gave a target of Rs 2350 and stoploss of around 1200 for this counter.
शॉर्ट टर्म, पोजीशनल और लॉन्ग टर्म के लिए जय ठक्कर के 3
बेहतरीन मिडकैप Picks
Short- Burger King
Positional- Sundaram Finance
— Zee Business (@ZeeBusiness) September 17, 2021
Positional Pick- Sundaram Finance Limited
The market expert picked Sundaram Finance for positional category. He said that the company is into business activities like financing cars, construction equipments , etc. The stock is fundamentally strong, while technically it is consolidating from long time and has formed a symmetrical triangle pattern, he added.
Thakkar gave two targets for the stock - first Rs 3200 and second one of Rs 3500. He placed stoploss at Rs 2270.
Short Term Pick- Burger King India Ltd
Burger King is the short-term pick of the expert. He said that the company is ready to show a good move technically. He gave a stoploss of 144 and first target of 215 and the second target is of 230.
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