Mid-cap Picks with Anil Singhvi: MCX, Deepak Nitrate to Kajaria Ceramics, stocks to buy that pack a punch

There is money to be made in stocks, but it will take more than just basic research to throw it up. For investors and traders, there are many uncertainties in this endeavour of theirs and they are not really sure if what they are doing is right. In this situation, Zee Business Managing Editor Anil Singhvi is helping out in a big way by identifying the best stocks to buy in the mid cap space that have the potential to give bumper returns. 

For this purpose, the Market Guru has a panel of top experts and they have been revealing names of companies that are set to pack a punch in the markets. So, if you are you planning to buy mid cap stocks and looking for recommendations, then don’t worry, we have you covered here in the Zee Business’ initiative #SPLMidcapStocks. 

Today, our guest expert Manas Jaiswal named 3 stocks to buy - check them out now!.

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#SPLMidcapStocks | शॉर्ट टर्म, पोजीशनल और लॉन्ग टर्म निवेश के लिए आज मार्केट एनालिस्ट मानस जायसवाल ने सुझाए ये 3 मिडकैप स्टॉक्स जो रखते हैं पोर्टफोलियो को चमकाने का दम#ZBizBazaar #Midcap #MidcapStocks @AnilSinghvi_ @themanasjaiswal pic.twitter.com/L1bsSE64k2

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 Top Stocks To Buy - MCX: 

Jaiswal recommended MCX as his top Buy with a long term view. He said that this stock saw bottom formation around Rs 900 in March and since then, it has been consistently forming a higher top and higher bottom. The 200-day moving average is already surpassed, he said. The highs of January have been broken in this week. He expects the levels to go up to as high as Rs 1800. The stock is currently trading around Rs 1509. He recommends a buy at current levels. He puts the stop loss at Rs 1340.

Top Stocks To Buy: Deepak Nitrite: 

The analyst picked Deepak Nitrite stock as a positional medium term Buy. He puts the time frame of 3-4 weeks for this stock. It gave a breakout in April above Rs 500 level. There has been a long period of consolidation. But, over the last two days this stock has seen very good movement. It appears that the stock is now ready for a big move, he said. He puts the stop loss at Rs 524. He puts the target price at Rs 650.

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Top Stocks To Buy – Kajaria Ceramics: 

For those investors who want to know about a stock to buy that is a a short term pick, then Jaiswal has picked Kajaria Ceramics. This stock has seen a breakout after a long time. In the short term, it may achieve a target price of Rs 440, he said. The stock is currently trading around Rs 408. The 100-day moving average has been breached after a long time. A flag pattern formation is now visible on the charts. The stock is also trading with good volumes. He puts the stop loss at Rs 394.