Since 14th March 2017, the midcap index has rallied by more than 7%, thereby outperforming Nifty index (up by more than 3%).
Top four stocks to buy from IIFL Wealth & Asset Management based on various technical parameters.
Pritesh Mehta of IIFL recommends shorting Havells India and YES Bank and advises buying DLF.
Pritesh Mehta of IIFL recommends buying Dabur, ONGC and JBF Industries.
Pritesh Mehta of IIFL is of the view that one can buy PNB, Va Tech Wabag, TVS Motor and feels that Dredging Corporation India may test Rs 440-450 in the next couple of months.
Pritesh Mehta of IIFL is of the view that one can buy Amara Raja Batteries, Britannia Industries and Bank of Baroda.
Pritesh Mehta of IIFL recommends buying Godrej Industries, Cadila Healthcare and Motherson Sumi Systems.
Pritesh Mehta of IIFL recommends buying Motherson Sumi Systems, Emami and HCL Infosystems.
Pritesh Mehta of IIFL recommends buying United Breweries, Suven Life Sciences.
Pritesh Mehta of IIFL recommends buying Godrej Properties for a target of Rs 415.
Pritesh Mehta of IIFL recommends buying Bajaj Finserv with a target of Rs 1950.
Pritesh Mehta of IIFL is of the view that one may sell PFC for a target of Rs 228.
Pritesh Mehta of IIFL recommends buying NMDC for a target of Rs 108.
Pritesh Mehta of IIFL recommends buying Reliance Communications for a target of Rs 84.
Pritesh Mehta of IIFL recommends buying Tata Elxsi for a target of Rs 2,050.
Pritesh Mehta of IIFL is of the view that one can buy Welspun India for a target of Rs 970.
Pritesh Mehta of IIFL recommends buying Divis Labs and Oriental Bank of Commerce.
Pritesh Mehta of IIFL recommends shorting Indiabulls Real Estate for a target of Rs 57.
According to Pritesh Mehta of IIFL, one can buy Aditya Birla Nuvo for a target of Rs 2300.
Pritesh Mehta of IIFL recommends buying Oriental Bank of Commerce for a target of Rs 147.
Pritesh Mehta of IIFL recommends buying Apollo Tyres for a target of Rs 195 in the short term.
Pritesh Mehta of IIFL is of the view that one can buy JSW Energy as the stock can provide a swift move towards Rs 85.
According to Pritesh Mehta of IIFL, one can buy Andhra Bank for a target of Rs 74.
Pritesh Mehta of IIFL recommends selling UPL August Futures, Biocon and Godrej Industries.
Pritesh Mehta of IIFL recommends buying Marico for a target of Rs 445.