Varun Dubey: BUY Dredging Corp, Cochin Shipyard, Tata Power and Star Paper
Market expert Varun Dubey has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open positive today after three days of decline. The mood in the markets could be positive today as there has been a decline in many blue-chip stocks in the recent sessions. Markets have not witnessed any major correction in the last few months. Every small correction has led to renewed buying and new highs for the markets. US markets closed mixed on Thursday.
Dubey has suggested BUY Call for Dredging Corporation at current price for target price of Rs 362 and Stop Loss at Rs 341. Cochin Shipyard is also on Dubey’s radar. Traders can BUY Cochin Shipyard at current price for target of Rs 390 and Stop Loss at Rs 366.
Dubey has suggested BUY Call for Tata Power at current levels for target price of Rs 250 and Stop Loss at Rs 235. Traders can initiate a BUY Trade for Star Paper for target price of Rs 150 and Stop Loss at Rs 141.
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.