Stocks to buy with Anil Singhvi: Sanjiv Bhasin call Zee Business - BUY Tata Steel, HDFC AMC | check share price targets

Sanjiv Bhasin call on Zee Business: Market expert and IIFL Securities Director Sanjiv Bhasin on Thursday said that market volatility is not in anyone's hand, but it is a suitable time to buy good shares. In a special segment ‘Bhasin Ke Hasin Share' aired on Zee Business with Managing Editor Anil Singhvi, he said volatility will persist for 1-2 days and from Monday market will show strength.

He said that there is enough PUT writing at 16,800 and enough CALL writing at 17,200 and that the market will remain in this bracket. He said that when Dow Jones last visited 29,000, we tested 15000 and now see when Dow is again at 29000, where we are. Therefore, this is showing our strength.

Sanjiv Bhasin Picks On Zee Business - September 29

Tata Steel Futures

Sanjiv Bhasin recommended TATA Steel as his first pick for the day. He said, central banks are going to defend their currency, and resultantly dollar will definitely be heading lower. In such a situation TATA Steel will be a good proxy player.

Buy Price: Rs 97-98
Stop Loss: Rs 93.50
Target: Rs 105

HDFC AMC Futures

Sanjiv Bhasin recommended HDFC AMC as his second pick for the day.

Buy Price: Rs 1877
Stop Loss: Rs 1830
Target: Rs 2000

He pointed out that Can Fin Homes and Ashok Leyland, recommended by him earlier, are outperformers.