Top stocks to buy with Anil Singhvi: Sacchitanand Uttekar picks Sharda Cropchem, Aster DM Health, Swaraj Engine Midcap shares for gains - Check reasoning

In today's edition of 'Special Mid Cap Picks', market expert Sacchitanand Uttekar, Head-Research at Tradebulls, tells Zee Business that he is bullish on three stocks, namely Swaraj Engine, Aster DM Health, and Sharda Cropchem in the long term, positional and short-term categories respectively.

Speaking with Zee Business Managing Editor Anil Singhvi, Uttekar explained why he thinks investors should buy these stocks for good returns.

Long Term - Swaraj Engine
Swaraj Engine is the long-term pick of the expert. He said that he is covering this stock for the second time in this show and still think that the stock is locked in a good secular uptrend. He then added when we covered this stock for the first time, we had given a target of Rs 2070 and a swing was formed around Rs 2000. So, this particular target missed out on 70 points and a good corrective came from there. I think it's back to the same level after 9 months of decline, he said. Also, a lot of classical bullish angle formations have been reinstated on the monthly chat or long-term structure. This stock must be added to the portfolio, the expert suggested.
Stop Loss: Rs 1340
Target: Rs 2100
Duration: 9-12 months

Positional Term - Aster DM Health
The market expert picked Aster DM Health for the positional category. He said that there is an upside of about 25% in this stock. Structure-wise, if we look at the weekly chart then the formation of a low top low bottom was shown as a downward sloping wedge. That wedge then broke out and a trend was established. After that good consolidation came in the last four weeks but then that consolidation also seems to be breaking again. So this is a healthy sign of a secular bull trend.
Target: Rs 240 - Rs 250
Stop Loss: Rs 175
Duration: 3-6 months

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शॉर्ट टर्म, पोजीशनल और लॉन्ग टर्म के लिए ट्रेडबुल्स सिक्योरिटीज के सच्चितानंद उत्तेकर से 3 बेहतरीन #MidcapStocks

Short Term- Sharda Cropchem

Positional Term- Aster DM Health

Long Term- Swaraj Engine#SPLMidcapStocks #StocksToBuy @AnilSinghvi_ @USacchitanand pic.twitter.com/w0SIeRpVoN

— Zee Business (@ZeeBusiness) April 26, 2022

Short Term - Sharda Cropchem
Uttekar said that he has picked Sharda Cropchem for the short-term category. The stock has been pretty stable for the past year, he said and velocity over the last 4 months is quite commendable for price action. He suggested to go with Sharda Cropchem.
Target: Rs 840
Stop Loss: Rs 660