Mid-cap Picks with Anil Singhvi: Analyst Rajesh Palviya picks Century Ply, Carborundum, Cyient for high returns

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

Top Stocks To Buy: Century Ply  

Palviya said that his long term pick was Century Ply. The stock was trading around Rs 359 at the time of recommendation. Century Ply has seen a breakout on monthly charts. It is in a bullish territory on all charts, he further said. The long term target price of this stock is between Rs 410 and Rs 430.

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This stock should be bought even on some dip, he said. He puts the stop loss at Rs 340.    

Top Stocks To Buy: Carborundum Universal   

The technical analyst picked his positional medium term pick as Carborundum Universal. This stock was trading around Rs 573 at the time of recommendation. The overall long term set up of this stock is bullish, Palviya said.  

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He puts the target price on Carborundum at Rs 650 while the stop loss at Rs 535. 

Top Stocks To Buy: Cyient      

As for short term, Palviya picked Cyient. It is seeing a V shape recovery and the stock is expected to touch previous swing highs.  While one can keep it for long term basis, the short term target price is Rs 810, he said. This stock was trading around Rs 748 at the time of recommendation. The buying range is between Rs 753 and Rs 738 he further said.  

He puts the stop loss at Rs 710.