Sanjeev Bhasin, Director, IIFL Securities, has vast experience in the stock markets. Sanjeev Bhasin is associated with the market for the last 32 years. They keep a very close watch on the movements in the markets. Clients of IIFL Securities have been making profits for years from his tips on stocks. Now Sanjeev Bhasin brings the top Conviction Picks of earnings to viewers on CNBC-Awaaz thrice during the business day.
Know which earning stock is keeping a close eye on Sanjeev Bhasin this morning-
Giving his opinion on the market, Sanjeev Bhasin told CNBC-Awaaz that ZEE is the top performer of today, in which the target of 300 can also be seen coming. He said that whenever I used to give a bullish opinion on this, I used to be trolled but today it seems to be gaining momentum.
Bhasin again said that investors and traders should be cautious now. A correction will definitely come in the market, so go ahead and protect your profits. Yesterday gave buy advice on The Gail, its price has increased and gave sell opinion in SAIL, its price has decreased so book profit in both.
Sanjeev Bhasin said that take profit at this level in the market and go with the market
Buy Bandhan Bank
Sanjeev Bhasin recommends buying in Bandhan Bank as one of the first picks for investors. He said that bank stocks have taken a beating and they are underperforming but now they will see an uptrend. He said that this stock should be bought at the level of 283 to 284. A target of 296 will be seen in this. Along with this, a stoploss of 279 should be applied in terms of safe investment.
Buy RBL Bank
As the second pick, Sanjeev Bhasin has advised investors to buy in RBL Bank. He said that this stock should be bought at the level of 173 to 174. A target of 180 will be seen in this. Along with this, a stoploss of 169 should be applied in terms of safe investment.
(Disclaimer: The views and investment advice given on moneycontrol.com are the personal views and opinions of investment experts. Moneycontrol advises users to consult a certified expert before making any investment decision.)
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