Varun Dubey: BUY Dabur, SBI, ICICI Securities and Welspun
Market expert Varun Dubey has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open flat but we can expect a volatile session in the markets today. The fear due to new COVID-19 strain is still causing panic for some market participants but in a few days, the markets should be able to overcome this and there should be a clear picture for the future. Indian markets recovered yesterday after facing a quick drop during the first few minutes of trade. We can expect markets to recover in today’s session as well as US markets recovered on Monday.
Dubey has suggested BUY Call for PSU banking major SBI at current price for target of Rs 480 with Stop Loss at Rs 455. The stock is looking strong on the charts. Dubey has suggested BUY Call for ICICI Securities at current levels for target price of Rs 765 with Stop Loss at Rs 730.
Dubey has suggested BUY Call for textile counter Welspun Corporation at current levels for target price of Rs 176 with Stop Loss at Rs 168.
Dubey has suggested medium term BUY Call for FMCG counter Dabur at current levels for target price of Rs 700. The suggested holding time for this call is four months.
All trades should be carried out with strict Stop Loss. In case the trade doesn’t happen as per expectations, it is good to exit the trade if the call is in profit. TopNews will review performance of trading calls by the end of the trading session.