Stocks to Buy: This week, the domestic stock market experienced significant volatility. Initially, the markets traded within a range, but on Friday, there was a sharp dip followed by a rapid recovery. Despite the fluctuations, market sentiment remains positive, with buying activity continuing alongside profit booking. Amid this, midcap stocks present a good opportunity, especially those showing breakouts on technical charts, which are poised for potential gains.
Disclaimer: The views/suggestions/recommendations expressed here in this article are solely by investment experts. Zee Business suggests its readers consult their investment advisers before making any financial decision.
1/9If you're looking to invest in short-term, positional, and long-term stocks, market experts Tejas Shah, VP of Technical Research at JM Financial Services, and Vikas Sethi, MD of Sethi Finmart, recommend these six midcap stocks.
2/9Tejas Shah has selected the following stocks for short-term, positional, and long-term investments:
3/9For the short term (1-3 months), Shah recommends Lemon Tree Hotels with a target price range of Rs 152 to Rs 158. The stop loss is set at Rs 136. Target: Rs 152 to Rs 158 Stop Loss: Rs 136
4/9For a positional investment (3-6 months), Shah suggests RVNL, a Railway PSU stock, with a target price between Rs 500 and Rs 535. The stop loss is Rs 420. Target: Rs 500 to Rs 535 Stop Loss: Rs 420
5/9For the long term (6-12 months), Shah recommends Mazagon Dock with a target price range of Rs 5,350 to Rs 5,850. The stop loss is set at Rs 4,425. Target: Rs 5,350 to Rs 5,850 Stop Loss: Rs 4,425
6/9Vikas Sethi also offers recommendations for short-term, positional, and long-term investments:
7/9For the short term (1-3 months), Sethi suggests SAMHI Hotels with a target price of Rs 215. The stop loss is Rs 190. Target: Rs 215 Stop Loss: Rs 190
8/9For a positional investment (3-6 months), Sethi recommends Tata Technologies with a target price of Rs 1,020. The stop loss is Rs 910. Target: Rs 1,020 Stop Loss: Rs 910
9/9For the long term (9-12 months), Sethi advises buying PNB Housing with a target price of Rs 1,150. Target: Rs 1,150