Why Sanjeev Bhasin of IIFL Securities is asking to buy Cadilla and Indusind Bank

Sanjeev Bhasin, director of IIFL Securities, has great experience in the stock markets. Sanjeev Bhasin has been associated with the market for the last nearly 30 years. They keep a close watch on the movements in the markets. His IIFL Securities clients have been benefiting from his tips on shares. Now Sanjeev Bhasin presents the top-of-the-century conversion pics to viewers on CNBC-Awaaz thrice during the business day.

Know which earning stock is at 1 o’clock this afternoon, Sanjeev Bhasin’s keen eye-

1.07 PM

Sanjeev Bhasin said giving feedback on the market That all bad news is in the prize. The situation at Corona is temporary even though the number of containment zones may increase slightly. But the vaccine is working very strongly. The fear that is visible in the market at this time is not only here but all over the world.

Bhasin further said that one should shop in the downturn in the market. If you do not buy at this time, then you will miss the opportunity. It is only a matter of 2-4 days, after this the expiry will be seen above today’s level. Therefore, one should buy good stock at this time.

Buy Indusind Bank

Sanjeev Bhasin recommends buying at Indusind Bank as the first pick for investors. He said that the largest CV is the lander. Earlier, from the level of 1070 I was advising to sell in this stock, but now the current level of this stock is giving a chance to buy. He said that this stock should be bought at the level of 974 to 976. It will have a target of 1050. Also, for safe investment it should put a stoploss of 963.5.

Buy Cadilla

As a second pick, Sanjeev Bhasin has advised investors to buy in Cadilla. He said that Cadila is in the process of getting approval for its vaccine and it may look like getting approval soon. Large-scale investment in its vaccine has been seen. He said that this stock should be bought at the level of 431 to 432. It will have a target of 465. Also, for safe investment, a stoploss of 422 should be put in it.

(Disclaimer: Opinions and Investment Advice on Moneycontrol.com Investment experts have their own personal views and opinions. Moneycontrol advises users to consult a certified expert before making any investment decision.)

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