Top Stock Picks With Anil Singhvi: Sanjiv Bhasin recommends two money-making shares to buy - Berger Paints, Naukri.com
Top Stock Picks With Anil Singhvi: Even though the overall trend of the stock market is bullish, NSE Nifty has been moving in a range of 11,000 to 11,250 for the last one week.
Top Stock Picks With Anil Singhvi: Even though the overall trend of the stock market is bullish, NSE Nifty has been moving in a range of 11,000 to 11,250 for the last one week. In such a sideways trend, it becomes important to know whether stock specific trade is profitable or the index specific trade. Zee Business Managing Editor Anil Singhvi has been finding out top shares from his panel of experts and making it easier for those who believe in stock specific trade. Today, Anil Singhvi asked Sanjiv Bhasin, Director at the IIFL Securities to give his top picks for the intraday traders and Bhasin responded with these two shares — Berger Paints and Naukri.com (Info Edge).
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Highlighting the strategy that one should adopt in the Berger Paints shares, Sanjiv Bhasin said, "My first stock pick for the intraday traders is Berger Paints. I recommend traders to buy the counter at current levels of Rs 531 for the target of Rs 548 to Rs 550 per stock levels. But, one must maintain the stop loss at Rs 523 per share mark." Bhasin said that stocks from the paint industry has been showing upside move and Berger Paints being the market leader can be an ideal share to buy today.
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On his second pick of the day, Bhasin said, "My next pick of the day is Naukri.com which is also known as Info Edge. Naukri.com shares are currently trading at Rs 3168 per share levels and I advice traders to buy it at current levels for the target or Rs 3325 to Rs 3350 per share levels maintaining the stop loss at Rs 3100 per share mark."
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