Your Top Midcap Picks After Correction.

Hello friends

After the recent correction in midcaps and assuming they will correct more which companies would you keep on your buying radar/ you would buy on dips.??

Let's participate and share our fav midcap picks so as to be ready with out shopping list when appropriate levels come.

The intention of this thread is to have a common pool of ideas and picks of all members. This will also help new commers and novice investors to pick good and well discussed stocks instead of falling prey to dubious penny stocks and low quality stocks.

Regards to all.

 

parin i like skm egg, bajaj electricals

 

Dear Parin Gala, way4wealth Sirs
In your opinion and observation where will be the bottom of Nifty or where we can expect settlement? Can Indian markets stay independent from world market ? What I feel is this downword journey may go down below 7000. please share your advise

 

I am doing sip in favourite stocks like CAPF, Heritage, JB Chem, TCI, Gati, Ajanta, Granules. Problem is all stocks are down so I cant sell anything to buy something. Also fresh funds are not there so it is frustrating situation.

 

I think impossible so predict so best is do SIP at all dips

 

in my opinion nifty can go down further. only my opinion, may be wrong.

 

Why? Opinion has to be based on reason or is it guesswork? How much lower?

 

reason is lack of positive news. how much lower i dont know really.

 

I am betting on Tata Elxsi and HSIL. Former is a tech co. growing at fast pace and latter is the leader in sanitaryware space.

 

ya i too like hsil

 

Relax. No need to frustrate. In frustration a person can make mistakes. You have to keep your head cool. You know that. You have good quality stocks and you will make profits once the economy turns and the market starts on its upward journey.

 

heritage foods, JB Chemical, CUB

 

Triveni turbine capital first Atul auto and vinati organics

 

I am habitually always cautious in mid cap but presently extra cautious and look into large and very big mid cap only.Let my micro and small cap mutual fund managers do their job in this time of crisis and I am focussed on blue chips.

 

I think your strategy is best. Instead of buying small and midcaps, is is better to focus on blue chips or very big midcaps. Karur Vyasya Bank, Lakshmi machine and Wonderla Holidays look attractive to me.

Lakshmi Machine: - On 3rd february there is Q3 result. Also in budget government may announce some policy regarding textile. If company results are good then I may buy start buying in small quantity on assumption that textile policy will benefit this company also.

Wonderla Holidays: - In March park is starting in Hyderabad. Last time share fell after budget. So I will buy after budget.

Karur Vyasya Bank: - Even after good result the share is going down. Again I will wait for some time and then buy.

 

ANJANI SYNTHETICS for those with lots of patience @24.70

 

Another good company is Amara Raja Battery. From Rs 1000 in October it has come down to Rs 780. I will buy as soon as market stabilises.

 

good find .