Sanjiv Bhasin strategy, stocks on Zee Business today: BUY PNB, ZEEL - check price targets

Sanjiv Bhasin strategy, stocks today: IIFL Director and veteran market expert Sanjiv Bhasin on Friday, November 18, said that bank stocks are performing well and predicted that the rally will stay longer. 

In a special segment aired on Zee Business with Managing Editor Anil Singhvi, Bhasin said that Union Bank, which he had recommended earlier, has rallied around 60 per cent. 

He picked two stocks for Zee Business viewers today: 

Zee Ent Fut (ZEEL)

Bhasin recommended ZEEL to Zee Business viewers for second time in the past two days. 

Price- Rs 252.35

Target- Rs 265

Stop Loss- Rs 250

PNB Fut

Price- Rs 46.45

Target- Rs 50

Stop Loss- Rs 44

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Meanwhile, benchmark indices Sensex and Nifty surrendered the early gains to trade in red. At 11 AM, Nifty was down by 92 points to trade at 18251. Sensex was trading with a decline of over 300 points to 61436. 

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