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Hot Stock | Kaveri Seeds,Deepak fertilizer and Fine Organics For Short term


After a minor correction on Wednesday Traders are moving towards mid and small cap stocks which are likely to give good returns in short term period of 5-6 weeks. Here is the 3 hot stocks from mid and small cap which investor should consider for short term buying.

Fine Organic Industries | Upside: 9%| CMP: Rs 2,089.95 | Target price: Rs 2,257 | Stop loss: Rs 2,020

Stock has moved out from downward trendline and matching up with February high. The short term trend is very bullish. Daily RSI is positioned above 60 levels indicating the bullish trend.Company is gaining the funds and rising the capital. Operational cash flow is favoring the charts. Buy this stock around 2085 and hold for 20 days it has potential to reach 2260 on downside it can hold support at 2000 levels. Keep eye and make position accordingly.


Deepak Fertilizers | Upside: 10%| CMP: Rs 133.60 | Target price: Rs 163 | Stop loss: Rs 121
Recent consolidation in this stock has kept hold now and stock has resumed the upward trend with this traders got active in this stock and got high volumes. Decent growth in quarterly net profit and increased in institutional shareholding stock closed 6 month high and nears to 52 week high stock has positive indicators which leads to rise in 3-4 weeks. Buy at 132 and hold for at least 18 days and book your profit. Keeping stop loss in mind.


Kaveri Seed Company | Upside: 10%| CMP: Rs 611.15 | Target price: Rs. 670 | Stop loss: Rs 585
Closes above 30 days moving average Kaveri Seed has very bullish trend. With low debt and improving book value from last two years this stock will mark new 52 week high. Impressively company has zero promoter pledge which will add more value. Stock has strong momentum and increasing net profit every quarter this stock is must buy from small and mid-cap category. Smart investor take advantage of March lows and buy in high quantity at present buy at 610 and hold for 4-5 week and aim to sell at 670 and book the profit. This stock is also good buy for long term of 3 years. It has potential to reach 890 in 3 years or event before that. Keep stop loss at 585.
Apart from this 3 stocks there are few more which can give you 4-9 percent returns in span on 6 weeks. Which includes Cummins India,Quess corp,Tata power,Voltas,L&T Finance jubilant food and Varun beverages. Happy investing!

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