Mid-cap Picks with Anil Singhvi: Galaxy Surfactants, Prestige Estates and Sumitomo Chem - 3 stocks to buy for big gains

Market analyst Himanshu Gupta today has recommended three mid-cap stocks for investors to buy to generate big returns. He said that his previous recommendations have been doing well and have met their targets. He previously recommended mid cap stocks including BirlaSoft and Syngene International. In a chat with Zee Business Managing Editor Anil Singhvi today, Gupta recommended stocks with long term, positional medium term and short term views.  

Top Stocks To Buy: Galaxy Surfactants 

   Today Gupta recommended Galaxy Surfactants with a long term view. The company has business interests in personal care and home care segments.  The stock is currently trading around Rs 1635. It is also in the business of super speciality chemicals. The company has also seen a quarter-on-quarter increase in the shareholding by Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DII). It also has low debt. The stock is now ready for a big breakout after a consolidation at around Rs 1600, he said.

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#SPLMidcapStocks | शॉर्ट टर्म, पोजीशनल और लॉन्ग टर्म में दमदार मुनाफे के लिए हिमांशु गुप्ता ने मजबूत फंडामेंटल वाले किन 3 मिडकैप स्टॉक्स का चुना? जानें यहां#ZBizBazaar #Midcap #MidcapStocks @AnilSinghvi_ @21himanshugupta pic.twitter.com/6NWNKSMjQv

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Top Stocks To Buy: Prestige Estates Projects Limited 

The technical analyst picked Prestige Estates Projects Limited with a positional medium term view. It is a real estate company with a diversified portfolio viz residential, commercial, SEZ and hospitality. The fundamentals of this company are also quite strong. The company has seen inflows of profits over the last 2 years. The stock is currently trading around Rs 197. The structure of this stock looks positive on technical charts. He puts the conservative target price of Rs 260 on this stock and it should be bought in the range of Rs 190-195. He puts the stop loss at Rs 175.      

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Top Stocks To Buy: Sumitomo Chemical: 

The technical analyst picked Sumitomo Chemical with a near term view. Gupta said that this stock is now ready for a further upside after showing consolidation at higher levels. The share price is currently around Rs 273 and the technical set up of this stock is quite strong. The moment it crosses levels around Rs 278, it will be ready to achieve a target price of Rs 320 in the near term. The sector is also very supportive. The stock should be bought around Rs 272. He puts the stop loss at Rs 265.