Sanjiv Bhasin strategy, stocks on Zee Business today: BUY Ashok Leyland, Godrej Properties - check price targets

Sanjiv Bhasin strategy, stocks today: IIFL Securities director and veteran market expert Sanjiv Bhasin on Monday, November 28, said that India is becoming an expensive and dependable market due to the uncertainty in China. In a special segment 'Bhasin Ke Haseen Share' on Zee Business, Bhasin said that mid-cap stocks are a decent investment destination right now.

Sanjiv Bhasin Stocks on Zee Business Today, November 28

Godrej Properties Future

Bhasin said that Godrej Properties is headed for Rs 1700.

Price- Rs 1308.35

Target- Rs 1400

Stop Loss- Rs 1250

Ashok Leyland Future

Bhasin said Ashok Leyland as his favourite market for the production of four-wheeler commercial vehicles. The company is becoming more desirable in the marketplace. Also, the decline in commodity prices has benefited the company. 

Price- Rs 152.15

Target- Rs 160

Stop Loss- Rs 148

Meanwhile, auto stocks gained on Monday after on favourable news regarding the scrappage policy. The Ministry of Road Transport and Highways, last week, issued draft notification of Vehicle Scrappage Policy mandating removal of vehicles older than 15 years.

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