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 tells Zee Business that he is bullish on three stocks.

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

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.

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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

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