Mid-cap Stock Picks with Anil Singhvi: Analyst Simi Bhaumik recommends Take Solutions, SPIC, SpiceJet shares for bumper returns

Market analyst Simi Bhaumik today recommended three mid-cap stocks for investors to buy to generate high returns. In today’s edition of Special Mid Cap stocks with Zee Business Managing Editor Anil Singhvi, she picked stocks with long term, positional medium term and long term view. See which stocks were picked by her (#SPLMidcapStocks).   

Top Stocks To Buy: Take Solutions 

Today, Bhaumik recommended Take Solutions as her long term pick. This stock was trading around Rs 66 at the time of recommendation. She advised a buy in this stock at these levels. 

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She puts the target price between Rs 85 and Rs 90. This stock was in the upward trajectory when she recommended the stock. She said that it should be accumulated in small amounts at these levels. Investors can also wait to buy more on a 2-3 per cent dip, she said. 

She puts the stop loss at Rs 54 on a closing basis and has a 3-6 month view on this stock.    

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जानिए मार्केट एक्सपर्ट सिमी भौमिक ने आज शॉर्ट टर्म, पोजीशनल और लॉन्ग टर्म में आपके मुनाफे के लिए किन 3 मिडकैप शेयरों को चुना?#SPLMidcapStocks @AnilSinghvi_ pic.twitter.com/9WJ0EQYMyI

— Zee Business (@ZeeBusiness) May 19, 2021

Top Stocks To Buy: SPIC  

The technical analyst picked Southern Petrochemical Industries Corporation (SPIC) with a positional medium term view. It has been recommended by her on a previous occasion too. It was trading around Rs 45 at the time of recommendation.  

She advised a Buy in SPIC at current levels. She has a 1-2-month view on this. Her first target is in between Rs 52 and Rs 55. If this level is crossed then the stock may go up to Rs 60, she further said.  She puts a stop loss at Rs 38.50 on the closing basis.  

Top Stocks To Buy: SpiceJet  

The technical analyst picked SpiceJet with a short term view. Bhaumik remains bullish in the stock. She recommended this stock recently and it has achieved its targets. She said that this stock can be taken at the current levels. 

It was trading around Rs 79 at the time of recommendation. She puts the stop loss at Rs 68 while the target price between Rs 88 and Rs 94.