Mid-cap Picks with Anil Singhvi: Stocks to buy for good returns! Check Rajesh Palviya's top 3 picks

Continuing the stock picking drive on the special mid-cap picks show on Zee Business channel as well as analysing previous recommendations' performance, market analyst Rajesh Palviya told Managing Editor Anil Singhvi that his previous stock recommendations have been doing rather well. He has recommended 18 stocks since 26 June out of which 10 have already achieved their targets. Natco Pharma, which was recommended last week achieved its target today.  Stop loss has been triggered for three stocks while 5 stocks are in the open category, he said. 

Some of the stocks previously recommended include Polyplex Corp, Nocil, Minda Industries, Quick Heal and Century Ply.  

In today’s recommendations, Palviya picked 3 more stocks with long term, positional medium term and short term views. Know why?

Top Stocks To Buy: Aarti Industries 

Palviya said that his long term pick was Aarti Industries. The daily charts show a formation of rounding bottom pattern and the stock is trading above its 50-day, 100-day moving averages. The stock is currently trading around Rs 1010. He recommends buying in the stock. The target price of Aarti Industries shares is Rs 1100-1130. On minor downward correction the ideal buying range of this stock is between Rs 975-1000. He puts the stop loss at Rs 950.   

 Watch Zee Business Tweet Video Below:

#SPLMidcapStocks | शॉर्ट टर्म, पोजीशनल और लॉन्ग टर्म में शानदार रिटर्न के लिए राजेश पालविया ने आज किन 3 मिडकैप स्टॉक्स का चुना? जानें यहां#ZBizBazaar #Midcap #MidcapStocks @AnilSinghvi_ @rajeshpalviya pic.twitter.com/8Y78Kr1ARL

— Zee Business (@ZeeBusiness) August 3, 2020

Top Stocks To Buy: Advanced Enzyme Technologies

The technical analyst picked Advanced Enzyme Technologies as his positional medium term Buy. This stock has seen consolidation in the last 3-4 months. It appears that the stock is on the verge of a breakout. The stock is trading above its short term and medium term moving averages. Palviya said that this stock should be accumulated in the range of Rs 192-198. He puts the stop loss at Rs 185. The stock is currently trading around Rs 197. In the positional medium term basis, the stock is likely to achieve the target of Rs 230.

See Zee Business Live TV Streaming Below:

Top Stocks To Buy: Westlife Development

As for short term, Palviya picked Westlife Development. This stock is currently trading above its 200 day moving average. It has given a breakout on charts and has been able to sustain the breakout over the last 3 trading sessions. He puts the target price between Rs 390 and Rs 400. It should be bought in the price band of Rs 354-Rs 356, he said. Westlife shares are currently trading around Rs 368. He puts the stop loss at Rs 348.