Varun Dubey: BUY Berger Paints, Metro Brands, eClerx; SELL DLF
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 but we could see volatile session and possibly a recovery during later part of the trade. US and European markets registered positive trade yesterday but the gains couldn’t be maintained. Indian markets could also see selling pressure at higher levels as some trades could reduce their holding at higher levels.
Dubey has suggested BUY Call for Berger Paints 630 CALL OPTION at current levels for target of Rs 11 and Stop Loss at Rs 7. The stock is looking strong on technical charts. Dubey has suggested short term BUY Call for Metro Brands at current levels for target price of Rs 1050. The holding period for this call is three months.
Dubey has suggested BUY Call for eClerx at current price for target of Rs 1530 with Stop Loss at Rs 1440.
Dubey has suggested SELL Call for real estate major DLF Futures Contract at current levels for target price of Rs 340 with Stop Loss at Rs 357.
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.