Sanjiv Bhasin strategy, stocks today: Buy Tata Power and DLF shares - check price targets

Sanjiv Bhasin strategy, stocks today: IIFL Securities director Sanjiv Bhasin on Friday, January 27, said that February will see a good global market rally. He said that foreign institutional investors (FII) have turned slightly cautious, which indicates that the market is likely to go up, hence, a perfect time for buying options. 

The market veteran recommended to start buying calls on 18,000 Nifty Index as it may surprise on the upside.  "My earlier picks Tata Motors, Ashok Leyland and Bajaj Auto have performed well, so you have to be contrarian if you want to earn well," he added. 

Sanjiv Bhasin Stocks to Buy today, January 27, on Zee Business

 
Tata Power Fut

The market expert said "the Mumbai-headquartered company is a no brainer. It's quarter results will be declared shortly and I believe the numbers will be good." Tata Power Company Limited, NSE: TATAPOWER, is an Indian electric utility firm and is part of the Tata Group. The core business of the company is to generate, transmit and distribute electricity.
 
Price: Rs 203.15
Target: Rs 225
Stop Loss: Rs 199

DLF Fut

Price: Rs 355.35
Target: Rs 370
Stop Loss: Rs 345

'Bhasin Ke Haseen Shares'

जानिए IIFL सिक्योरिटीज के संजीव भसीन ने आज DLF और TATA POWER में क्यों दी निवेश की सलाह?@AnilSinghvi_ | @sanjiv_bhasin | @iiflsecurities

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— Zee Business (@ZeeBusiness) January 27, 2023

Meanwhile, equity benchmarks Sensex and Nifty50 suffered sharp loses on Friday amid selling pressure across financial, oil & gas and metal shares though gains in auto and select FMCG shares lent some support. Around 11:30, Sensex was down by nearly 800 points to 59,422 while Nifty50 was below 17,770.

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