Varun Dubey: BUY PAYTM, Blue Dart, Castrol India and Wipro
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 today and traders can witness a volatile trading session. Indian markets are currently trading in a small range and 18675 is proving to be a major resistance for bulls. US markets closed positive on Thursday and this could offer support to local markets.
Dubey has suggested BUY Call for PAYTM after the company announced BUYBACK of shares. PAYTM stock has witnessed a massive decline over the last few months and this could support the stock. Dubey has suggested BUY Call for PAYTM at current levels for target of Rs 530 with Stop Loss at Rs 500. Dubey has suggested BUY Call for Blue Dart at current price for target of Rs 7750 with Stop Loss at Rs 7450.
Dubey has suggested medium term BUY Call for Castrol India at current levels for target of Rs 160 with holding period of 8 months.
Dubey has suggested BUY Call for technology major WIPRO 410 CALL OPTION at current price for target of Rs 10 with Stop Loss at Rs 6.
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.