Sanjiv Bhasin stocks, strategy today: Buy Ashok Leyland, ICICI Prudential and Concor shares - check price target
Sanjiv Bhasin stocks, strategy today: Buy Ashok Leyland, ICICI Prudential and Concor shares - check price target
Renowned market expert and IIFL Securities director Sanjiv Bhasin on Monday said that markets have weathered the weakness and seem set to move up. He said that Nifty50 will reclaim 18,500 before the Budget which will be presented on February 1. He said that banks are delivering good results and that Bank Nifty will be the leader. He said that auto stocks will remain in action and contribute to the index.
He recommended 3 stocks to Zee Business viewers to buy for trading perspective:
Ashok Leyland
He said that Ashok Leyland has invested more than any other company in hydrogen fuel vehicles.
Buy: Rs 144.70
Target Price: Rs 155
Stop Loss: Rs 141
ICICI Prudential
Buy: Rs 472
Target Price: Rs 500
Stop Loss: Rs 463
Concor
Buy: Rs 699
Target Price: Rs 740
Stop Loss: Rs 688
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