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Stocks to buy: Market expert and IIFL Securities Director Sanjeev Bhasin on Thursday said the price of crude oil is likely to come down and geo-political tension may also ease by June 17-18.
He said that now there is only one event left – the Fed Meet – and it is more or less discounted. He suggested buying the stock. He also said that he is extremely positive about some midcaps. According to him, they will outperform. But the broader market will go to 1700 first, he added.
Talking about the updates on the market, Bhasin said HAL, suggested yesterday at Rs 1825 – Rs 1830, is now at Rs 1856. Apart from that IEX, suggested at Rs 175, is at Rs 182 and Dr Lal Path Labs sold out at Rs 2095.
For Today, Bhasin recommended three stocks that will help investors make money in near-term.
Tata Steel, a Tata Group stock
Bhasin recommended Tata Steel stocks. He said this is one of the best stocks.
Price: Rs 1017 – Rs 1018
Target: Rs 1075
Stop Loss: 1000
For More Details Watch Full Video Here:
जानिए IIFL सिक्योरिटीज के संजीव भसीन ने आज Ambuja Cement Futures Tata steel Futures और SAIL Futures में दी खरीदारी की सलाह?@AnilSinghvi_ | @sanjiv_bhasin | @iiflsecurities | #StocksToBuy pic.twitter.com/Sd1MWx62QC
— Zee Business (@ZeeBusiness) June 9, 2022
SAIL – Steel Authority of India Limited, (Rakesh Jhunjhunwala portfolio stock)
Bhasin recommended SAIL stock as his second pick. He said this stock is one time forward.
Price: Rs 75.50
Target: Rs 80
Stop Loss: 70.50
Ambuja Cement
Bhasin recommended Ambuja Cement stock as his third pick. He said the investors can make money in this stock.
Price: Rs 365
Target: Rs 380
Stop Loss: Rs 358
He said that these three stocks are on future level.
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