Some Indian Mid Cap stocks to consider

[TradersEdge]

Some Indian Mid Cap stocks to consider

With the CNX Mid Cap Index touching a new all time HIGH here are some mid-cap stocks for readers at Traderji.com to consider for investment.

AVAYA GLOBAL
CARBORUNDUM
EXIDE INDU
INDO GULF FER
INFOMEDIA IND
MUNJAL SHOWA
RANE ENGG VAL
ROLTA IND
TN NEWSPRINT

You can read more about the CNX Mid Cap Stock breakout with some more stocks picks

 

[Saint]

Thanx!!

 

[supratik]

Rolta looks very strong on the charts..can target a 135-145 level

 

[ntpatil]

Rolta iNdia defenitely is looking upwards

 

[supratik]

Traderji - What do you all say about Royal Airways. That share seems to look up high to the skies. I bought this share today for a square off 66.70 - 70.10a nd turned out fine.
The share reached an upward freeze limit 70.20 and closed at 70.15.
Do you think we can even get this share at the current levels and target a 84-87 because the share has always outperformed all market conditions?
Also the 52-weeks low is around 3.9.

 

[supratik]

Rolta is high on good volumes - 9747659 shares traded on the NSE and 3267163 shares traded on the BSE.
This share is surely a right investment currently.

 

[supratik]

The stock(Rolta) closes today at 116 around with huge intraday volumes.
Prev close 113.

I would suggest to book a profit at 130 levels for a 1/4 of your shares. If the share comes down we can always buy it back and keep the major dump to 140-145.

Please consider the above message if you are a daily trader otherwise keep holding your longs.

 

[supratik]

If we can put another stock Bharat Seats...The stock trades at around 100 with an EPS of 10.
However this stock has to be considered as a long time hold.
The average volume of the share is very less.However this can turn out to be a genius..if I am not wrong Hi-Tech Gears was a similar scenario.

Any additional comments and views are welcome.

 

[unbreakable]

Hyderabad industries is a good midcap pick in constructions sector.

 

[supratik]

I am not sure on Hyderabad Industries. Can you feed in a bit more on the counter.
I watched a stock today Indian Card Clothing.

I do not know how to judge the above two.

Another stock of concern Pokarna Ltd. It went for an upward freeze today.(Recommended by CNBC India). Can somebody help in the above stocks?