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Stocks to Buy: Sanjiv Bhasin picks Vodafone-Idea, Ambuja cement, Bosch, PI Industries for gains today; Check why!

Stocks to Buy: Market expert and IIFL Securities Director Sanjeev Bhasin on Tuesday said that Nifty will not stop before 16500. He also said that he picked four stocks today for investors that can yield high returns.

He was speaking to Zee Business Sr. News Anchor Neha Ananad in the popular TV show ‘Bhasin Ke Hasin Share’.

Talking about the updates on the market, Bhasin said Bank Nifty, suggested yesterday at 32500, is an outperformer and reach Rs 33600. IEX and GMR, suggested at Rs 165 and Rs 32.50 respectively, are way above their target today, he added.

For Today, Bhasin recommended four buy calls that will help investors make money in the near term.

Vodafone Idea
Bhasin recommended Vodafone Idea stocks as his first pick. He said Vodafone-Idea is going to infuse capital and capital will not go below Rs 12. Also, promoters are putting their money and that is a bullish sign.
Price: Rs 8.30
Target: Rs 10
Stop Loss: Rs 7.50

Ambuja Cement
Bhasin recommended Ambuja Cement as his second pick. He said 35% of their cost is taken care of by logistics and power. It’s an unbelievable play.
Price: Rs 360.10
Target: Rs 400
Stop Loss: Rs 352

For More Details Watch Full Video Here:

Bhasin recommended Bosch stocks as his third pick. He said it has the best OEM play which is expanding in the semi-conductor in all other parts.
Price: Rs 13675
Target: Rs 14500
Stop Loss: Rs 13150

PI Industries Ltd
Bhasin recommended PI Industries stocks as his fourth pick. He said it is a larger agrochemical player and sees huge margins on the upsides.
Price: Rs 625
Target: Rs 675 – Rs 680
Stop Loss: Rs 605

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