Mid-cap Picks with Anil Singhvi: Avanti Feeds, Emami, Ceat are top stocks to buy, says Sacchitanand Uttekar

Market expert Sacchitanand Uttekar has been regularly recommending his mid cap stock picks in this popular show ‘Special Mid-cap Stocks' with Anil Singhvi. While he gave updates on his previous stocks, the analyst also suggested three more stocks for bumper returns.    

On his previous stock update FDC, Uttekar said this stock was recommended at a price of around Rs 332 with a target price of Rs 385. He said that the stock is seeing a momentum and investors should stick to this stock for the recommended target price. His other two stocks Hatsun Agro and TCI Express are also on course to achieve their target price.     

Top Stocks To Buy: Avanti Feeds   

Uttekar picked Avanti Feeds as his top buy with a long term view. He had recommended this stock previously on this show. The stock has seen a correction after achieving its targets. The charts from 2017 onwards suggest a declining channel formation with its upper end at Rs 720. This stock is currently trading around Rs 550. This stock should be bought with a long term view in the range between Rs 520 and Rs 550. He puts the stop loss at Rs 495 on a weekly closing basis. He puts the target price at Rs 720.      

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 Top Stocks To Buy: Emami Limited 

The analyst picked Emami Limited, a stock which has been on his radar for quite some time. This quarter has given the company its strongest results in the last 14 years, the analyst said. The stock is currently trading around Rs 402. It had shown a decline from Rs 650, moving in tandem with the market and made a bottom. A good upward move is expected in the stock. This stock should be bought with a positional medium term view. He puts the target price at Rs 470 while the stop loss at Rs 365.   

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 Top Stocks To Buy: Ceat Limited   

As for the short term view, Uttekar picked Ceat Limited. This stock is currently trading around Rs 945. The charts suggest a lower top lower bottom pattern on a broader trend. It however, saw a pullback followed by a healthy consolidation for 14 weeks. He expects the rally in this stock to extend till Rs 1050. He puts the stop loss at Rs 900 on a closing basis.