Sanjiv Bhasin strategy, stocks on Zee Business today: Buy M&M, Bajaj Auto, Sun Pharma- check price targets
Sanjiv Bhasin strategy, stocks today: Sanjiv Bhasin predicted that banking stocks could show some pressure as he said that markets would move in a range-bound manner.
Sanjiv Bhasin strategy, stocks today: IIFL Securities director and veteran market expert Sanjiv Bhasin on Monday, December 5, predicted a range-bound market and that banking stocks could show some pressure. He suggested investors to be defensive and said that metal stocks will outperform. He added that there would be stock-specific action.
In a special segment 'Bhasin Ke Haseen Share' aired on Zee Business, Sanjiv Bhasin again predicted that there could Rs 5 reduction in fuel prices (petrol and diesel) after the Gujarat elections and that auto stocks will gain.
He also said that the appreciation in Rupee against US Dollar has helped Gold to jump the crucial level of Rs 54000 for the first time since mid-April.
Sanjiv Bhasin Stocks on Zee Business Today, 5 December
The correction has been completed and it is at a good level for buying. The company is selling more than one can envisage, the market analyst said. It will lead the market from today afternoon to tomorrow.
Buy Price- Rs 1267.25
Target Price- Rs 1350
Stop Loss- Rs 1220
Bajaj Auto Future
Since the company is one of the biggest exporters and is doing incredibly well in exports, Bhasin recommended Bajaj Auto to Zee Business viewers.
Buy Price- Rs 3680
Target Price- Rs 3825/3850
Stop Loss- Rs 3600
Sun Pharma Future
Bhasin called this stock the biggest stock of safety.
Buy Price- Rs 1043.30
Target Price- Rs 1080
Stop Loss- Rs 1018
'Bhasin Ke Haseen Shares'
जानिए IIFL सिक्योरिटीज के संजीव भसीन ने आज Bajaj Auto Fut, M&M Fut और Sun Pharma Fut में क्यों दी निवेश की सलाह?@AnilSinghvi_ @sanjiv_bhasin @iiflsecurities #StocksToBuy #StockMarketindia
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— Zee Business (@ZeeBusiness) December 5, 2022
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