Rajesh Palviya Of Axis Securities Recommends Prestige, Brigade And Suven Life From Midcap Basket

On the BTTV Market show, Rajesh Palviya from Axis Securities highlights the strong performance of the entire midcap index, with many stocks attracting buyers and expected momentum to continue. He particularly recommends real estate stocks from the midcap basket, specifically Prestige and Brigade. Prestige is currently experiencing accommodative movement, with a target of Rs 1,400 and a stop loss at Rs 1,140. Brigade also shows promise, with positive signals from both long-term and short-term charts, targeting a price range of Rs 1,150-1,200. Additionally, Rajesh Palviya suggests considering the pharmaceutical sector within the midcap basket. He recommends Suven Life, indicating buying signals with a stop loss at Rs 100 and a buying range of Rs 120-110. According to him, Once it surpasses the Rs 130 mark, a target price of Rs 180-190 can be anticipated on a positional basis.