Sanjiv Bhasin strategy, stocks on Zee Business: BUY Gujarat Pipavav, NTPC, HDFC Life - Check price targets

Sanjiv Bhasin strategy, stocks on Zee Business: IIFL Securities Director Sanjiv Bhasin on Wednesday, November 9, said that the Fed announcement and US midterm elections have caused a significant rise in the US stock market. Profit booking is crucial in this trend, but buyers should choose their stocks carefully.

In a special edition -- 'Bhasin Ke Hasin Share' aired on Zee Business with Managing Editor Anil Singhvi, Bhasin, a seasoned market expert recommended a buy in three stocks and one cash stock to Zee Business viewers.

Gujarat Pipavav (Cash)

According to Bhasin, logistics companies will be the next big thing. Therefore, this stock will be a good buy for investors.

Buy Price - Rs 96.40

Price Target - Rs 150

Stop Loss- Rs 84

NTPC Fut

Bhasin said that the company will report good numbers.

Buy Price - Rs 173.35

Price Target - Rs 185

Stop Loss - Rs 168

HDFC Life Fut

Buy Price - Rs 533.05

Price Target - Rs 570

Stop Loss - Rs 515

IPCA Laboratories

Bhasin said that it is a global pharma leader and is doing extremely well in injection market.

Buy Price - Rs 893.40

Price Target - Rs 945

Stop Loss - Rs 879