Mid-cap Picks with Anil Singhvi: Mahindra Logistics, MCX, Gujarat Gas are top stocks to buy

In today’s edition of Special Mid-cap Picks with Zee Business Managing Editor Anil Singhvi, Market analyst Rajesh Palviya recommended three stocks for bumper returns. The stocks have been recommended with long term, positional medium term and short term views. Know here which stocks are these!

Top Stocks To Buy: Mahindra Logistics 

Palviya said that his long term pick was Mahindra Logistics. This stock has been in consolidation phase within a range over the last few months. This stock made a base around Rs 310 and the consolidation has been in the range of Rs 40-50 rupees. It is trading above the 100 and 200-day moving averages. Even in the context of near term, the stock has been able to sustain itself. This stock is currently trading around Rs 358. 

Other indicators also show a positive trend on the charts. He puts the target price between Rs 410 and Rs 425. This stock should be accumulated around Rs 348. He puts the stop loss at Rs 330.    

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#SPLMidcapStocks | शॉर्ट टर्म, पोजीशनल और लॉन्ग टर्म में किन मिडकैप शेयरों में बनेगा पैसा? राजेश पालविया से जानिए उनकी 3 दमदार मिडकैप PICK#ZBizBazaar #MidcapStocks @AnilSinghvi_ @rajeshpalviya pic.twitter.com/VfRfVcFFoM

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Top Stocks To Buy: MCX  

The technical analyst picked MCX as his positional medium term Buy. This stock is trading in a bullish territory in all time frames. In the near term perspective, this stock has seen some consolidation. This stock is currently trading around Rs 1834. He puts the target price at Rs 2000. It should be accumulated in the range of Rs 1800 and Rs 1835. He puts the stop loss at Rs 1770.   

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Top Stocks To Buy: Gujarat Gas  

As for short term, Palviya picked Gujarat Gas. This stock has already seen some corrective action, he added. The set up on charts shows a double bottom formation. It is trading above its 100-day moving average. This stock should be bought in a range of Rs 293-Rs 298. It is currently trading around Rs 298. He puts the stop loss at Rs 285 while the target price at Rs 330.