So, if you want to invest in mid-cap stocks but are confused about which stocks to buy, then don’t worry as Zee Business Managing Editor Anil SInghvi has gathered top analysts to make their recommendations that investors can take advantage of.
Stock markets are extremely volatile and there are a number of triggers that investors need to track on a global basis besides also looking at companies’ and sectoral fundamentals, among others, before coming to any conclusions. It is a tough task for investors and therefore, Zee Business stepped in and made the job that much more easier for them in every way.
So, if you want to invest in mid-cap stocks but are confused about which stocks to buy, then don’t worry as Zee Business Managing Editor Anil SInghvi has gathered top analysts to make their recommendations that investors can take advantage of. These experts will tell you their top picks depending upon the emerging market trends as well as the strength of the stocks. These expert tips are with long-term, medium-term and short-term views.
Market Analyst Simi Bhaumik has revealed her top pick with a long-term view and that stock is Dixon Technologies. She recommends a Buy on this stock at existing levels. She puts the stop-loss on the closing basis at levels below 5000. The stock is currently trading around Rs 5445. The target price over the 4-6 months is Rs 6400-Rs 6600.
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Bhaumik said that she would recommend Havells India as her positional stock with a view of 2-3 months. She puts the stop-loss at Rs 550. She has put high targets for this stock of between Rs 640 and Rs 665. The stock is currently trading at Rs 574. It has a double bottom breakout. The stock may even have a head and shoulder pattern.
As for the short-term position, the analyst put a Buy call on Deepak Nitrite. The stop-loss is Rs 475 on a closing basis. She further said that her short term call will be for 4-5 trading sessions. She puts the target price between Rs 530 and Rs 555. The stock is currently trading around Rs 498.
Bhaumik recommends all the three mid-cap stocks as her top buys and recommends buying at current levels.
