Mid-cap Picks with Anil Singhvi: Himanshu Gupta picks BIL, Tinplate, NB Ventures as top buys for bumper returns
Himanshu Gupta recommended BIL (Bhartiya International Ltd) stock - a company which has business interests in leather works. The stock was trading around Rs 189 at the time of recommendation. Gupta said that after four years of consolidation, this stock is showing reversal after the formation of a base
In yet another episode of #Spl MidcapStocks, market expert Himanshu Gupta today recommended three more such stocks with a long term, positional medium term and short term views. These stocks have the potential to generate big gains for the investors, he told Zee Business Managing Editor Anil Singhvi. Know what is working for these stocks here!
Top Stocks To Buy: BIL
Today, Gupta recommended BIL (Bhartiya International Ltd) stock - a company which has business interests in leather works. The stock was trading around Rs 189 at the time of recommendation. Gupta said that after four years of consolidation, this stock is showing reversal after the formation of a base.
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BIL has been trading in good volumes over the last 1-2 months. He recommended buying at current levels. He also said that once this stock breaches 200 mark, the investors should start buying it aggressively. He puts the target price between Rs 280 and Rs 300. He puts the stop loss at Rs 150.
Top Stocks To Buy: Tinplate
The technical analyst picked Tinplate with a positional medium term view. He said that the ongoing rally among the metal stocks and the strength in this segment was the reason behind picking Tinplate. This stock is ready for a big upswing, Gupta said.
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It is currently trading around Rs 167. He puts the target price at Rs 205 while the stop loss at Rs 155.
Top Stocks To Buy: Nava Bharat Ventures
The technical analyst picked Nava Bharat Ventures (NB Ventures) with a short term view. He said that though this stock has been feeling some pressure amid the overall market sentiments, the chart structure shows a strong trend. He said that the stocks could see fresh buying as soon as the stability in markets is back.
This stock was trading around RS 70 at the time of recommendation. He puts the target price at Rs 90. He puts the stop loss at Rs 66.
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