Varun Dubey: BUY Bharat Forge, ACC, Apollo Tyres; SELL IRCTC
Market expert Varun Dubey has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open flat today as global cues are muted. US markets closed negative on Monday after a volatile but range-bound session. European markets closed slightly positive. Indian markets are still showcasing bullish sentiment but some market participants are also expecting a small correction this week.
Dubey has suggested BUY Call for Bharat Forge at current price for target of Rs 885 with Stop Loss at Rs 850. The stock is looking strong on the charts. Dubey has suggested BUY Call for cement major ACC at current levels for target of Rs 2490 with Stop Loss at Rs 2410.
Traders can initiate a BUY Trade for Apollo Tyres at current levels for target of Rs 295 with Stop Loss at Rs 282, as per Dubey. The stock is looking strong on the charts.
Dubey has suggested SELL Trade for IRCTC at current price for target of Rs 740 with Stop Loss at Rs 770.
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.