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. The 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.
Know which earning stock is keeping a close eye on Sanjeev Bhasin this morning-
Sanjeev Bhasin Giving opinion on the market, said that by adopting a buying attitude in the market, Nifty can touch the figure of 16000 by next Wednesday, so good stock picking should be done. Apart from this, the real estate sector will become a star performer in the year 2021. Godrej property will be worth 2500 in 2 years. Strong bounce will be seen in NBCC.
Bhasin further said that gold will become 50 thousand and Sensex will cross 53 thousand, while the next 3 years there is going to be a strong boom in the real estate sector. Talking about his previous picks Hero Moto, Godrej Consumer and Balkrishna Industries, he said that these three stocks suggested by him performed well and on his advice, the buyers made good profits.
Buy Children India
Sanjeev Bhasin recommends buying in Bata India as one of the first picks for investors. He said that there will be good buying in footwear and its related consumable products, hence this stock will see a rise. He said that this stock should be bought at the level of 1595 to 1605. In this the target of 1675 will be seen. Along with this, a stoploss of 1570 should be applied in terms of safe investment.
Buy Bandhan Bank
As the second pick, Sanjeev Bhasin has advised investors to buy in Bandhan Bank. He said that small lender banks like it will be benefited strongly due to increase in rural income. He said that this stock should be bought at the level of 324 to 324.50. A target of 343 will be seen in this. Along with this, a stoploss of 318 should be applied in terms of safe investment.
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