Stocks to Buy with Anil Singhvi: Indiabulls Housing is 'very-very special' pick for Kunal Saraogi and Rakesh Bansal

Top Stocks to Buy with Anil Singhvi: In today’s edition of ‘Special Pick’ show, market experts Rakesh Bansal and Kunal Saraogi recommended a stock with high earning potential. In chat with Zee Business Managing Editor Anil Singhvi, the experts recommended a stock from housing finance sector. Know what the recommended and why: 

Stocks to Buy Today: Indiabulls Housing Finance – What Kunal Saraogi recommended 

Expert Kunal Saraogi in his Special Pick recommendation suggested Indiabulls Housing Finance. He said that there is a strong breakout in this stock which is coming now. On charts it was moving with a slow pace forming small candles, he said.

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जानिए SPECIAL PICK के तौर पर पर राकेश बंसल- कुणाल सरावगी ने किस शेयर को चुना खरीदारी के लिए और क्यों?#SpecialPicks @AnilSinghvi_ @iamrakeshbansal @kunalsaraogi pic.twitter.com/mXR5g54SVH

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On Wednesday, this stock saw a big breakout, Saraogi said. He said that this big breakout is not an ordinary breakout. The NBFC stocks have been talked about a lot and this stock has been an “underdog” the expert said. He said that whenever an underdog performs, it shows very good activity. He said that this stock should be bought at the existing levels.  

This stock was recommended at levels around Rs 212. 

Stocks to Buy Today: Indiabulls Housing Finance – What Rakesh Bansal recommended 

Bansal said that this stock is seeing a very strong pattern. He said that he was “madly in love” with the current patterns in this stock. He said that this stock should not be missed. He said that the investors willing to invest in this stock should apply a stop loss on a closing basis. He said that it was not necessary to buy this stock in futures and options market. The investors can buy this stock even in cash markets and as per their investment appetite. 

He said that the investors should exit the stock only when there is a closing below Rs 197. He puts the target price at Rs 248-Rs 250. 

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He recommended an overweight buying in this stock. He said that it was a “very-very special pick” as the current patterns are not one that are seen on a daily basis.