Varun Dubey: BUY Atul Auto, Route Mobile; SELL IPCA Labs and Hero MotoCorp

Varun Dubey: BUY Atul Auto, Route Mobile; SELL IPCA Labs and Hero MotoCorp

Market expert Varun Dubey has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open lower today and we can see a volatile session. Markets are hovering around their all-time highs and some market participants are expecting correction in the markets after the recent rally from 18000 to all time highs for NSE Nifty. US markets closed flat on Thursday and global cues are muted today. We can expect markets to close lower today.

Dubey has suggested BUY Call for Atul Auto at current levels for target of Rs 325 with Stop Loss at Rs 306. The stock is looking strong on the charts. Dubey has suggested medium term BUY Call for Route Mobile at current levels for target of Rs 1650. The holding period for this call has been suggested at six months.

Dubey has suggested SELL Call for IPCA Labs at current levels for target of Rs 845 with Stop Loss at Rs 880. Dubey has suggested SELL Trade for automobile major Hero MotoCorp at current levels for target of Rs 2780 with Stop Loss at Rs 2895.

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.

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