Mid-cap Stock Picks with Anil Singhvi: Expert Sacchitanand Uttekar picks Schneider Electric, Finolex Cables, Sterlite Technologies shares for top gains

Thinking of a good mid cap stock for investment and high returns? Well, Analyst Sacchitanand Uttekar recommended three stocks for high returns. The stocks have been recommended to Zee Business Managing Editor Anil Singhvi with a long term, positional medium term and short term perspective. Know which stocks are these and why they find favour with this analyst.      

Mid Cap Stocks to Buy – Schneider Electric   

Uttekar picked Schneider Electric stock as his long term pick expecting a good run for the stocks in heavy electricals, cables and wires segment. The weekly and monthly chart suggest a turnaround story, he said. The stock was in a bearish trend since 2016. A reversal is there to see now.  

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This stock was trading around Rs 107 at the time of recommendation. He puts the stop loss at Rs 93 on a weekly closing basis while a target price of Rs 155.  

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निवेश शॉर्ट टर्म हो या पोजीशनल या लॉन्ग टर्म... किन मिडकैप शेयरों में बनेगा पैसा?

मार्केट एक्सपर्ट सच्चितानंद उत्तेकर से जानिए दमदार फंडामेंटल वाले 3 बेहतरीन मिडकैप स्टॉक्स#SPLMidcapStocks #StockMarket @AnilSinghvi_ @USacchitanand pic.twitter.com/zKFMWHz7vD

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Mid Cap Stocks to Buy – Finolex Cables    

This analyst picked Finolex Cables as his positional medium term pick. This stock has been consolidating for 18 weeks now and there is a base formation. Over the last two days there has been an upward trend from this level.  

Finolex was trading at Rs 374 at the time of recommendation. He puts the target price at Rs 460. He puts the stop loss at Rs 355 on a closing basis. He has a 3-6-month view on this stock. 

Mid Cap Stocks to Buy – Sterlite Technologies    

He recommended Sterlite Technologies as his short term pick. This stock has been recommended by him with long term view. 

This stock was trading at Rs 236 at the time of recommendation. He said that the stock looks set for an upside from here. He puts the target price at Rs 286. He puts the stop loss at Rs 215.