Varun Dubey: BUY Andhra Paper, Minda Corp; SELL Lupin and Bandhan Bank
Market expert Varun Dubey has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open strong today and we can see NSE Nifty breaching 18,000 levels during the trading session. Indian markets are looking strong and US markets closed sharply higher on Friday. Market sentiment could remain strong for today’s trading session and we can expect a strong closing for Indian stocks. Major resistance for NSE Nifty would be 17990 and 18080.
Dubey has suggested BUY Call for Andhra Paper at current price for target of Rs 500 with Stop Loss at Rs 470. The stock is looking strong on the charts. Dubey has suggested medium term BUY Call for Minda Corp at current levels for target of Rs 250. The holding period for this CALL is 4-6 months.
Dubey has suggested SELL Call for pharmaceutical major Lupin at current price for target of Rs 680 with Stop Loss at Rs 710. Dubey has suggested SELL Call for Bandhan Bank Futures Contract at current price for target of Rs 258 with Stop Loss at Rs 270.
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.