Sanjiv Bhasin strategy, stocks on Zee Business: BUY HDFC Life, Muthoot Finance, Induslnd Bank - check price targets

Sanjiv Bhasin strategy, stocks on Zee Business:  IIFL Securities Director Sanjiv Bhasin on Friday, November 4, said that domestic equity markets are strong and that foreign buyers are returning. He, however, didn't rule out profit booking, adding that there is a resistance at 18200.

In a special edition -- 'Bhasin Ke Hasin Share' aired on Zee Business with Managing Editor Anil Singhvi, Bhasin, a seasoned market said that the markets will do weel in the coming weeks and advised to buy quality stocks.

Bhasin recommended 3 stocks to Zee Business viewers:

Induslnd Bank Fut

Buy Price - Rs 1,154.30

Price Target - Rs 1,250

Stop Loss- Rs 1,120

Muthoot Finance Fut

Bhasin said the increase in gold sales will lead to huge outperformance by Muthoot Finance.

Buy Price - Rs 1,60-1,062

Price Target - Rs 1,120

Stop Loss - Rs 1,030

HDFC Life

Buy Price - Rs 543

Price Target - Rs 575

Stop Loss - Rs 530

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