In chat with Anil Singhvi, analyst Vikas Sethi recommends Prestige Estate, NALCO as top stocks to buy for big gains

Market Analyst Vikas Sethi picked two stocks today – one from the cash market while the other from the Futures and Options (F and O). The stocks were recommended with a short term view in the popular TV show ‘Sadabahaar Sethi Saab’ with Zee Business Managing Editor Anil Singhvi. Know which stocks he recommended in today’s edition of popular.   

Top Stocks To Buy: Prestige Estate 

Analyst Vikas Sethi’s first stock was a company from the real estate sector and was from the cash market. He recommended Prestige Estate which was trading at Rs 277 at the time of recommendation. He said that it was an excellent company to put money on. Operating Margin profit is at 22 per cent and the company has been growing at good CAGR, he further said. 

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Real Estate picked up during the last quarter and even there is a government focus on this sector. 

His short term target is Rs 290 on this stock. He puts the stop loss at Rs 260.    

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सदाबहार सेठी सा'ब: विकास सेठी के शॉर्ट टर्म में दमदार रिटर्न के लिए कैश और F&O सेगमेंट के 2 बेहतरीन स्टॉक्स@AnilSinghvi_ @vikassethi_SF pic.twitter.com/hC68Lyb2sS

— Zee Business (@ZeeBusiness) May 17, 2021

Top Stocks To Buy: NALCO      

Another stock picked by him was from the F and O space and he picked a metal sector company. Sethi said that after a 2-3 days fall, the sector is ready to achieve new heights. He Picked National Aluminium Company (NALCO). The May Futures are trading at Rs 74.50. 

They have a fully-integrated plant and is the lowest cost producer of aluminium. He puts the target price at Rs 84 on the short term basis while the stop loss at Rs 69.