Varun Dubey: BUY Hindalco, Hero MotoCorp; SELL Astral and Intellect Design
Market expert Varun Dubey has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open slightly lower today and we can witness a volatile session. RBI will be announcing policy decision today and we can expect volatility during trade. US markets closed negative on Thursday and global trend is negative.
Dubey has suggested BUY Call for metal counter Hindalco Futures Contract at current levels for target of Rs 385 with Stop Loss at Rs 367. Dubey has suggested BUY Call for Hero MotoCorp at current levels for target of Rs 2600 with Stop Loss at Rs 2500.
Dubey has suggested SELL Call for Astral Limited at current levels for target of Rs 2100 with Stop Loss at Rs 2200. Dubey has suggested SELL Call for Intellect Design at current levels for target of Rs 500 with Stop Loss at Rs 520.
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.