Stocks to buy with Anil Singhvi: Sanjiv Bhasin picks Godrej Properties, UPL Limited; Check price target
The second half of August can be fairly volatile with a correction in the market, said Bhasin.
Stocks to buy: Market expert and IIFL Securities Director Sanjiv Bhasin on Monday picked two stocks for investors that can yield high returns in the near term. In a special segment ‘Bhasin Ke Hasin Share' aired on Zee Business with Managing Editor Anil Singhvi, Sanjiv Bhasin said that the second half of August can be fairly volatile with a correction in the market and suggested that investors should be cautious.
Stating that although the room of error is less, he suggested to book profit and wait for the market to give a correction.
Godrej Properties
Buy Price - Rs 1,365 to 1,370
Target - Rs 1,450
Stop Loss - Rs 1,320
He said Godrej Properties is investing in the sector rather than taking a leave. It has recently taken up a project in Delhi's Connaught Place.
UPL Limited
Price - Rs 744
Target - Rs 770
Stop Loss - Rs 728
He said that UPL is the global leader in sustainable agricultural solutions and the demand has hiked in agro-chemicals which makes this company a suitable firm to invest.
Nifty 17,400 Put
Buy - 100
Target - 159-174
Stop Loss - 80
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