Mid-cap Picks with Anil Singhvi: Analyst Rajat Bose’s top 3 stocks for bumper returns are Dr Lal Pathlabs, City Union Bank, Aarti Industries

In yet another stock recommendation on Special Mid cap Stocks show with Zee Business Managing Editor Anil Singhvi, market expert Rajat Bose today gave three stocks for excellent returns. These stocks have been recommended with long term, positional medium term and short term views. 

Top Stocks To Buy: Dr Lal Pathlabs 

Bose today picked Dr Lal Pathlabs as his long term pick. He said that the chart formations indicate that the stock is poised for 50 per cent gains from the current levels. This stock is currently trading around Rs 1986. He takes a 12-18 months view on this stock. He puts the stop loss between Rs 1700 while the target price between Rs 2260 and Rs 2420. This is the medium term target he said. The long term target is Rs 2940.  

There has been a special traction in hospitals and diagnostics stocks for quite some time now, he said adding that the investors should not worry too much about current market volatility.  

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#SPLMidcapStocks | शॉर्ट टर्म, पोजीशनल और लॉन्ग टर्म में किन मिडकैप शेयरों में बनेगा पैसा? रजत बोस से जानिए उनकी 3 दमदार मिडकैप PICK#ZBizBazaar #Midcap #MidcapStocks @rajat_bose @AnilSinghvi_ pic.twitter.com/2hAxHDp2Nk

— Zee Business (@ZeeBusiness) September 17, 2020

Top Stocks To Buy: City Union Bank

Another stock picked by him with a positional long term view was City Union Bank. This counter saw a downward trend from February to April reaching levels around Rs 100. Since then till September beginning, this stock has been consolidating between Rs 120 and Rs 140. This stock gave a breakout on 14 September with a good volume. It is expected to see an upward move, Bose said. He puts the target price between Rs 195 and Rs 225. He puts the stop loss at Rs 120 on a closing price basis.

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Top Stocks To Buy: Aarti Industries   

The technical analyst picked Aarti Industries as his short term pick.  He said that this stock is already seeing an uptrend which is likely to continue. He puts a strict stop loss at Rs 1067. The target price is Rs 1178 and Rs 1225. This is the target with a one month view, this analyst said. He advised investors not to worry even if there is a dip as the chart formation is very strong.