Varun Dubey: BUY AU Small Finance Bank, SBI Cards, Lupin and Biocon; SELL Aarti Industries

Varun Dubey: BUY AU Small Finance Bank, SBI Cards, Lupin and Biocon; SELL Aarti Industries

Market expert Varun Dubey has suggested four BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to flat today and we can expect range-bound trading session with negative bias. Indian markets are hovering around all-time highs for major indices. The current trend in the markets is negative. US and European stocks closed negative yesterday and global sentiment is bearish.

Dubey has suggested BUY Call for AU Small Finance Bank at current price for target of Rs 742 with Stop Loss at Rs 710. The stock is looking strong on technical charts and can offer good returns if markets remain positive.

Dubey has suggested Long Term BUY Call for SBI Card at current price for target of Rs 1000. The suggested holding time for this CALL is six months.

Dubey has suggested BUY Trade for Biocon at current price for target of Rs 280 with Stop Loss at Rs 270. The stock can show good performance today on back of positive news.

Dubey has suggested BUY Call for Aarti Industries 470 PUT Option at current price for target of Rs 18 with Stop Loss at Rs 11. The stock is looking weak on the charts. The stock can decline and PUT Option can offer good returns in short term.

Pharmaceutical major Lupin has been suggested as BUY Call by Dubey at current price for target of Rs 1115 with Stop Loss at Rs 1070.

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.

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