Here are few MidCap Stock Picks from IIFL Capital with Target Prices,
Exide Industries - Higher high and higher low: Exide was making a lower high and a lower low pattern even that has changed recently to higher high with retracement being higher. We recommend buying at 144 for a target of 166, 175 with a stop loss placed at 129
DEN Networks - We advice traders to buy Den Networks above Rs 235 for a potential target of Rs315, implying an upside of 34%. Maintain a Stop Loss of Rs195.
Sobha Developers - Rising Channel Breakout: We advise traders to Buy Sobha above 467 for a potential target of `560 in near term. Keep a stop loss of 430.50.
Syndicate Bank - We advise traders to Buy Syndicate Bank for a potential target of `205, with an expected upside of 28%. Maintain a Stop Loss of `137.50.
Heidelberg Cement - We recommend buying stock at current levels and at dips till 54 levels for a target of 85 with a stop loss placed at 47.5 on closing basis
