Doctor told CNBC-TV18, "I like Chambal Fertiliser because it is still trading somewhere near its 52 week high and chances of these stocks which are near their highs breaking out and going to new territory are much brighter. So I would stick to Chambal in that space."
He further added, "Other midcap picks we are looking at hotel sector like Hotel Leela and Indian Hotels which would do reasonably well. In the tea space looking at Tata Tea, which has done pretty well along with the smaller midcap names in the tea space. Some other stocks in the junior Nifty which have been outperforming like Asian Paints and Lupin again these have been close to their 52 week highs and not broken out further. I would advice investors to pick the stocks which are still reasonably close to their highs and which has chances of outperforming the Nifty and avoid the stocks which are beaten down and which are trading near their lows and this would be avoided."
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