Mid-cap Picks with Anil Singhvi: Analyst Rajesh Palviya picks Cyient, eClerx Services, Syngene International for high returns
In todays edition of Special Mid-cap stocks with Zee Business Managing Editor Anil Singhvi, Market analyst Rajesh Palviya recommended three stocks for bumper returns. The stocks have been recommended with a long term, positional medium term and short term views. Know here which stocks are these!
In today’s edition of Special Mid-cap stocks with Zee Business Managing Editor Anil Singhvi, Market analyst Rajesh Palviya recommended three stocks for bumper returns. The stocks have been recommended with a long term, positional medium term and short term views. Know here which stocks are these!
Top Stocks To Buy: Cyient Limited
Palviya said that his long term pick was Cyient Limited. If a weekly and daily set of this stock is seen, it has given a break out which was around Rs 510.
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This stock is currently trading around Rs 517. This stock should now be put in buy and accumulate category. It should be added in the portfolio even if there is some minor corrective action till levels around Rs 504. He put the stop loss at Rs 490. He puts the target price between 590 and 600.
Top Stocks To Buy: eClerx Services
The technical analyst picked eClerx Services. This stock has given a breakout from its daily consolidation levels. Even in the weekly set-up, this stock has given a breakout. The pattern suggests an upward move from here
This stock is currently trading around Rs 822. He puts the target price between Rs 920 and Rs 940. This stock should be accumulated even on minor corrective action. He recommends the buying range between Rs 815 and Rs 830 while the stop loss at Rs 785.
Top Stocks To Buy: Syngene International
As for short term, Palviya picked Syngene International. This stock has seen a breakout in the daily narrow consolidation range. In the weekly charts also this stock is currently trading upward of its previous swing high. It has been seeing consistent buying.
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This stock is currently trading around Rs 616 and should be bought around this level and even on minor corrections. He puts the stop loss at Rs 585 while the target price between Rs 660 and Rs 670.
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