Varun Dubey: BUY Century Textile, Castrol India; SELL Balrampur Chini and Infosys
Market expert Varun Dubey has suggested two BUY Calls and two SELL Call for today’s trading session. Indian markets are expected to open lower today and we can witness selling pressure in the markets today. US and European banking sector is facing tough time and this has led to weak investor sentiment. Indian markets could trade lower till the time global sentiment improves. NSE Nifty was looking strong last week but this week we could see much lower levels and Nifty could take support from earlier lows seen last week.
Dubey has suggested BUY Call for Century Textile at current price for Rs 700 with Stop Loss at Rs 660. Dubey has suggested BUY Trade for Castrol India at current levels for target of Rs 115 with Stop Loss at Rs 108.
Dubey has suggested SELL Call for Balrampur Chini at current levels for target of Rs 377 with stop Loss at Rs 395. Dubey has suggested SELL Trade for technology major Infosys Technologies at current levels for target of Rs 1390 with Stop Loss at Rs 1450.
All trades should be conducted with strict Stop Loss. Markets can have unpredicted moves based on news and trends in the global markets. Stop Loss is an important strategy to reduce the risk in case the stock doesn’t move as per the call given by market experts.