Market expert Rajesh Palviya, while talking to Zee Business Managing Editor Anil Singhvi, on the Special Midcap Stock Picks show was bullish on Astral Poly, Syngene International and Thyrocare. He recommended these shares with long-term, positional and short-term objectives. Know why the market analyst picked these three stocks.

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Long Term Pick: Astral Poly 

Rajesh Palviya said that the stock saw some correction in past few weeks and has formed a good base formation now. The stock has formed good base around Rs 1600, and it looks good for a Buy from here. Long term chart on the stock indicates further upside from here on while in near term the stock price saw some correction. The stock should be bought in range of Rs 1640 – Rs 1680 with stop-loss of Rs 1600 and target of Rs 1850.

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Positional Term Pick: Syngene International 

The stock is trading above its short term, medium term and long-term moving averages. The stock has seen base formation around Rs 500 levels. Looking at daily and weekly chart pattern, the stock has given a breakout. The buying interest witnessed in the stock in past 2 to 3 sessions indicates that the stock can move to Rs 640 – Rs 660 levels from here on. The stock should be bought in the range of Rs 590 – Rs 600 with stop-loss of Rs 575 and target of Rs 660.

Short Term Pick: Thyrocare Technologies

The stock has crossed it January swing highs. The stock is showing good traction since past 3 weeks and should be bought at current levels. The stop-loss on the stock is Rs 1010 and target if Rs 1140. The stock is a buy on all dips, if it falls. The stock has formed a good base in Rs 1000 – Rs 1100 range and looks good on charts as well.