Midcap stocks to buy with Anil Singhvi: Rajesh Palvia picks Gujarat Alkalies, Poonawalla Fincorp, CreditAccess Grameen for gains
In today's edition of 'Special Mid Cap Picks', market expert Rajesh Palvia of Axis Securities told Zee Business Managing Editor Anil Singhvi that he was bullish on three companies.
In today's edition of 'Special Mid Cap Picks', market expert Rajesh Palvia of Axis Securities told Zee Business Managing Editor Anil Singhvi that he was bullish on three companies, namely Gujarat Alkalies, Poonawalla Fincorp, and CreditAccess Grameen in the long term, positional and short-term categories.
Speaking with the market guru, Palvia explained why he thinks investors should buy these stocks for good returns.
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Short Term- CreditAccess Grameen Limited
Palvia said that he has picked CreditAccess Grameen for the short-term category and added that this stock is trading in a bullish zone all the time. According to the weekly setup, tremendous strength has also been seen in this stock.
Upside Target: Rs 1020 - Rs 1040
Stop Loss: Rs 905
Positional Term- Poonawalla Fincorp Limited
The market expert picked Poonawalla Fincorp for the positional category. He said that the way the strength is maintained in this stock is commendable.
If we take a look at the stock, it is trading above the previous range high made in January. He also said that as of the last two trading sessions, the way interest has been generated and returns have resumed their uptrend, I think this stock should be added on a positional basis.
Buying Range: Rs 310 - Rs 315
Upside Target: Rs 370 - 380
Stop Loss: Rs 295
Long Term- Gujarat Alkalies and Chemicals Limited
Gujarat Alkalies is the long-term pick of the expert. He said that the stock series is making high top-higher bottom formation as per the daily weekly setup. The stock also seems to be trading in a bullish range all the time, he added.
Buying Range: Rs 910 - Rs 930
Upside Target: Rs 1200 - Rs 1300
Stop Loss: Rs 870
For More Details Watch Full Video Here:
शॉर्ट टर्म, पोजीशनल और लॉन्ग टर्म के लिए एक्सिस सिक्योरिटीज के राजेश पालविया से 3 बेहतरीन मिडकैप Picks
Short Term- CreditAccess Grameen
Positional Term- Poonawalla Fincorp
Long Term- Gujarat Alkalies#SPLMidcapStocks #StocksToBuy @rajeshpalviya @AnilSinghvi_ pic.twitter.com/RolCKWJLWG
— Zee Business (@ZeeBusiness) April 11, 2022
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05:39 PM IST