Sanjiv Bhasin stocks on Zee Business: BUY 3 shares - TCS, HCL Tech, Can Fin Homes | Check price targets

Sanjiv Bhasin stocks on Zee Business: Market expert and IIFL Securities director Sanjiv Bhasin on Wednesday picked three stocks for investors who want to get high returns in short term. In a special segment ‘Bhasin Ke Hasin Share' aired on Zee Business with Managing Editor Anil Singhvi, he said that technology shares are bound to bounce back and this is why there are two heavyweight IT stocks among the top three picks. 

"Tech is so heavily oversold and both IT stocks will perform well tomorrow, September 22," Bhasin added.

Sanjiv Bhasin recommended three stocks to Zee Business viewers:

Can Fin Homes

Can Fin Home shares are under pressure after its managing director and CEO Girish Kousgi resigned on Monday. The share prices are back to around Rs 550.90 and Bhasin feels that this is the right time to buy this share. He predicted that by Diwali, the price of Can Fin Home share may go up to Rs 750.

Buy: Rs 550.90
Price Target: Rs 585-590
Stop Loss: Rs 540

TCS

Bhasin feels that tech shares are so heavily oversold and a rebound in the US will see technology shares outperforming.

Buy: Rs 3,011.15
Price Target: Rs 3,150
Stop Loss: Rs 2,940

HCL Tech

As mentioned earlier, Bhasin suggested buying HCL Tech could be a good buy as it is another giant in the sector. 

Buy: Rs 901.75
Price Target: Rs 990
Stop Loss: Rs 870