As on 14th December 2016, In the Indian Stock Market.
Midcap IT companies are currently outperforming. I am highly bullish on them.
Stock like Mindtree, Geometrics and KPIT Tech have made strong fresh move on the upside today. One can buy on 2–3% dips for an upside target of 20% in 3 months. with 10% SL on current market price.
Stocks like Cosmos Films, Lloyd Electics, Pricol, Kwality and Manpasand Brew are good be accumulated on dips.
I like Dishman Pharma and Stride Shasun in pharma space.
Dishman Pharma can be bought on dips towards 210–215. with SL of 200. Target of 250 in 3 months and 400 long term.
Stride Shasun can be bought on dips towards 1075 for target of 1200 in a month with SL 1050. and 1700 long term.
I like Patel Engg and NCC in Engg and Constructions.
I have already recommended Quess Corp, Deep Industries and Dolphin Offshore.
Quess Corp has made a fresh move towards 660 after consolidation at 630. Stock still has 15% upside in 3 months time. Have 600 has SL and accumulate the stock close to 630–640. Target 750.
Dolphin Offshore has hit my target of 140 and is correcting towards 125–130. One can buy Dolphin Offshore for a target of 175 in 3 months. with SL at 112.
Other stocks that i like are KRBL, Thirumalai Chemicals, Zee Media, SJVN, Gareware Wall, KNR Constructions, Tech Mahindra, Cineline India, Praj Industries, NTPC, Tata power, etc.
You can find stock recommendations with targets and SL in my website. I hold positions in stocks like Quess corp, SJVN, Geometrics and Dolphin Offshore.
For stock queries, free portfolio analysis or any advice on stock market related queries, you can feel free to ping me.