Mid-cap Picks with Anil Singhvi: Rajat Bose picks Just Dial, OnMobile Global and Affle India as top buys for bumper gains
Borosil Limited, an earlier recommendation by Market expert Rajat Bose, has been seeing a good rally over the last 3 trading sessions. The outlook of this stock is good and it is now positioned well to see an upward move, Bose said. He added that it looks very strong on the charts, especially from the long term perspective
Borosil Limited, an earlier recommendation by Market expert Rajat Bose, has been seeing a good rally over the last 3 trading sessions. The outlook of this stock is good and it is now positioned well to see an upward move, Bose said. He added that it looks very strong on the charts, especially from the long term perspective. We list below his top recommendations today:
Long Term Pick: Just Dial
Just Dial stock has been correcting for a while. This company is from the Technology Sector and the story on this stock looks promising. Just Dial has a similar platform like IndiaMart. The target price on this stock is Rs 1117 and Rs 1210. The target on this stock is conservative. The stop loss on Just Dial stock is Rs 783 on a closing basis and the time frame is 9 to 12 months.
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Positional Term Pick: OnMobile Global
OnMobile Global stock has seen good correction for some time now and when the stock was moving up it witnessed strong volumes. OnMobile Global stock should be accumulated in all falls up to the level of Rs 80. The medium term projection on OnMobile Global stock is extremely promising. The target price on the stock is Rs 117 – Rs 130 and the stop loss will be Rs 70 on closing basis. OnMobile Global stock has seen strong support at Rs 70. The time frame on the stock is 3 – 6 months.
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Short Term Pick: Affle India
The company has done extremely well in mobile technology. The company has done extremely well on the margin front. Affle India stock made a high of Rs 6200 on March 5th and did fall sharply by Rs 1000 to Rs 5100 – Rs 5200 by 25th March. The stock has started moving upwards since then. The stock should be bought with stop loss of Rs 5240 and target of Rs 5791 and Rs 5994. The time frame on Affle India stock is 1 to 3 months.
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