Varun Dubey: BUY Bharti Airtel, Biocon, United Spirits; SELL Torrent Pharma

Varun Dubey: BUY Bharti Airtel, Biocon, United Spirits; SELL Torrent Pharma

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 and we can only expect stock specific action in today’s session. Indian markets have been trying for quite some time to gain ground but global factors have kept market volatile. This week, finally NSE Nifty has managed to close above major resistance of 17480. However, we can expect a volatile session today within a small range. Due to absence of any global factors, local market players will be controlling the market moves today.

Dubey has suggested BUY Call for telecom operator Bharti Airtel at current price for target of Rs 800 with Stop Loss at Rs 770. Dubey has suggested BUY Call for Biocon at current price for target of Rs 277 with Stop Loss at Rs 262. The stock is looking strong on the charts.
Dubey has suggested medium BUY Call for United Spirits at current levels for target of Rs 1000 with holding period of eight months.

Dubey has suggested SELL Trade for Torrent Pharma Futures Contract at current price for target of Rs 1520 with Stop Loss at Rs 1590. The stock looks weak on the charts and we can expect a small correction.

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.

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