Sanjeev Bhasin said Nifty may touch 16000 level in the first week of July, invest in these stocks

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 to the audience the top Conviction Picks of earnings thrice during the business day on CNBC-Awaaz.

TCS stock nears 52-week high, analysts expect an uptrend

Know which earning stock is keeping a close eye on Sanjeev Bhasin this morning-

Sanjeev Bhasin market But said that now the hatch should be covered and this is the time to buy in the market. Whatever speculation is there in the market, it seems to be ending. After this, the correction will be seen in the market on 22nd and 23rd June.

Bhasin further said that the market can touch the level of 16000 in the first week of July. So it’s time to go shopping. Stop worrying in the market and buy in good stocks.

Hot Stocks- Today’s top three picks that have the potential to generate huge profits in the short-term

Buy HDFC

Sanjeev Bhasin recommends buying in HDFC as one of the first picks for investors. He said that he is the biggest mortgage player. One should buy it without any hesitation. It will accelerate further. He said that this stock should be bought at the level of 2490 to 2493. A target of 2600 will be seen in this. Along with this, a stoploss of 2455 should be applied in terms of safe investment.

Buy Coal India

As the second pick, Sanjeev Bhasin advises investors to buy Coal India. He said that there is weakness in energy, but converting this weakness into an opportunity, one should buy in this stock. He said that this stock should be bought at the level of 150.5 to 151. A target of 165 will be seen in this. Along with this, a stoploss of 147 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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