3 midcap stocks to buy: Analysts suggest buying these quality stocks for up to 25% returns; check details
Tejas Shah from JM Financial suggests buying three quality midcap stocks from a short to long-term perspective.
Stock indexes fell substantially on Friday, ending the week in the red.
The Sensex and Nifty closed 1.1-1.2 per cent down, at 80,981.95 and 24,717.70 points, respectively.
JM Financial picks 3 stocks
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1- Clean Science share price target
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Clean Science shares to buy
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For the last two years, Clean Science stock was stuck in the range of 1,300-1,600. Now a breakout has been found here which is showing strength with volume. Immediate support is at Rs 1,525. The base remains at Rs 1,400. The first target is Rs 1,800 and the second is Rs 2,000. This way you can get returns up to 21 per cent for the next 6-12 months.
2- Castrol India share price target
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Castrol stop loss
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3- Star Health share price target
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Star Health and Allied Insurance Company shares to buy
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From a technical point of view, a rising channel pattern is forming. Short-term investors have to maintain a stop loss of Rs 569. The stocks can give up to an 11 per cent return from its last closing price of Rs 591.
The views/suggestions/advices expressed here in this article are solely by investment experts. Zee Business suggests its readers consult their investment advisers before making any financial decision.