Varun Dubey: BUY Apollo Tyres, Prataap Snacks, Balrampur Chini; SELL Infosys
Market expert Varun Dubey has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open positive today and we could see markets gaining further ground. Depending on European and US Futures trends, Indian markets could see volatility as well in today’s session.
Dubey has suggested BUY Call for Apollo Tyres Futures Contract at current levels for target price of Rs 265 with Stop Loss at Rs 250. Dubey has suggested BUY Call for Balrampur Chini for short term at current price for target price of Rs 400. The holding period for this stock is one month, as per Dubey.
Dubey has suggested BUY Call for Prataap Snacks at current levels for target price of Rs 950. This medium term BUY Call has holding period of four months.
Dubey has suggested BUY Call for Infosys Technologies 1460 PUT Option at current levels for target price of Rs 50 with Stop Loss at Rs 30. Infosys is looking weak on the charts.
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.