Stocks To Buy With Anil Singhvi: Godrej Consumer Products and Bharat Electronics are top Sanjiv Bhasin recommendations
Anil Singhvi said for New Positions, aggressive traders can sell Nifty in the 13175-13250 range with a stop loss of 13300 and target of 13125, 13100, 13050. For New Positions in Bank Nifty one should buy in 29050-29200 range with stop loss of 29000 and target of 29350, 29475, 29550, 29625, 29750, 29825, 29900 and Sell Bank Nifty in 29750-29900 range with stop loss of 30000 and target of 29650, 29550, 29475, 29375, 29200, 29150.
Stocks To Buy With Anil Singhvi: Market Guru Anil Singhvi said that 12970-13060 is the day’s support zone on Nifty, below that 12875-12925 is the strong buy zone. Nifty in the range of 13175-13250 will be the day's higher zone. For New Positions, aggressive traders can sell Nifty in the 13175-13250 range with a stop loss of 13300 and target of 13125, 13100, 13050. For New Positions in Bank Nifty one should buy in 29050-29200 range with stop loss of 29000 and target of 29350, 29475, 29550, 29625, 29750, 29825, 29900 and Sell Bank Nifty in 29750-29900 range with stop loss of 30000 and target of 29650, 29550, 29475, 29375, 29200, 29150.
Speaking about his stock pick Godrej Consumer, analyst Sanjiv Bhasin said that the company is going to see exceptionally strong margin expansion as their business in Indonesia is showing a lot of traction. Sanitizer business of the company has got extremely good follow through. The stock should be bought in the range of Rs 708 – Rs 710 with stop loss of Rs 698 and target of Rs 710.
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On his next pick of the day, the IIFL Securities Director said that BEL’s management had guided for double digit growth going forward. Stock should be bought in the range of Rs 115.5 – Rs 115.75 with stop loss of Rs 113.35 and target of Rs 123.
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