Mid-cap Picks with Anil Singhvi: Analyst Rajesh Palviya picks Quick Heal, Sequent Scientific, Century Ply for robust gains
After his previous mid cap recommendations of Polyplex Corp, Nocil and Minda Industries, market analyst Rajesh Palviya today recommended three more stocks. In a chat with Zee Business Managing Editor Anil Singhvi, Palviya said these stocks will give investors good return
After his previous mid cap recommendations of Polyplex Corp, Nocil and Minda Industries, market analyst Rajesh Palviya today recommended three more stocks. In a chat with Zee Business Managing Editor Anil Singhvi, Palviya said these stocks will give investors good return. Palviya said all three previous recommendations were doing well too. here is what he recommended today.
Top Stocks To Buy: Quick Heal
Palviya said that his long term pick was Quick Heal, a stock from the IT sector. The work from home culture and awareness about IT securities are factors that have a positive impact on the stock. The Quick Heal stock has seen a base formation after a big correction and is likely to do well in the future. The stock is currently trading around Rs 116 and is expected to go up to Rs 140- Rs 145 in the long term. He puts the stop loss at Rs 107. The analyst recommends buying this stock between Rs 111 and Rs 115.
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Top Stocks To Buy: Sequent Scientific,
The technical analyst picked Sequent Scientific as his positional medium term stock. The stock has seen a breakout if one sees the weekly charts. The breakout has been from the down sloping trend line, he said. The stock is currently seeing sustained buying. It has a potential to see upside from here. The stock is currently trading around Rs 109. He recommends buying at existing levels and at lower levels if there is some correction. He puts the stop loss at Rs 97. This stock can see a target price of Rs 125 very soon, he added. His view is for next 1 month.
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Top Stocks To Buy: Century Ply
As for short term, Palviya picked Century Ply. He said that the daily chart suggests that the stock has seen a rounding bottom and there is already a breakout. The stock is currently trading over is 50-100 day moving average at around Rs 133. The target price for this stock is Rs 148 and Rs 155. It should be bought at current levels. He puts the stop loss at Rs 127.
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