Mid-cap Picks with Anil Singhvi: 3 top stocks to buy – Camlin Fine Sciences, CSB Bank and Blue Star

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Zee Business Managing Editor Anil Singhvi, in the popular Special Mid-Cap Stocks show, guides investors in identifying and picking top stocks to buy and in this exercise a special panel of experts is at hand to provide the logic behind the move. In the show’s latest episode, the Market Guru talked to market analyst Rajesh Palviya and took his short term, positional mid cap and long-term recommendations. Find his picks below:

Long-term: Camlin Fine Sciences

He said the stock has seen good reversal last week after seeing corrective moves in past, where it created a base of Rs 90 and Rs 95 range. He said stock’s long term setup is positive and it has shown V shape recovery too. He said the stock should be accumulated at the range of Rs 102 to Rs 108 even if there is correction. He put a stoploss of Rs 95 and gave a target of Rs 140 to Rs 150 in the long term. Camlin Fine Sciences stock was trading around Rs 109 today.

Find the detail coverage in the video below:

Positional pick: CSB Bank

He recommended CSB Bank as his positional pick. Palviya said after consolidating for 8 to 10 weeks, the stock saw a breakout around Rs 240 and is currently trading above of all moving averages. He projected a target of Rs 285 to Rs 290 for CSB Bank on positional basis in three to six months. He recommended a buy range of Rs 247 to Rs 256 and put a stoploss of Rs 240 for this stock.

Short-term pick: Blue star

Palviya’s third pick was Blue star. He said the stock is trading above moving averages on near-term chart. The stock has seen a range breakout after accumulating for 15 to 20 days on daily chart, he said.  He suggested to buy it at CMP for Rs 747 to Rs 750 short-term target. He put a stoploss at Rs 640. The stock was trading around Rs 668 during the day.

   

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