Varun Dubey: BUY ICICI Bank, Dredging Corporation, Bajaj Electricals and Hindalco
Market expert Varun Dubey has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets will have a gap-up opening today as US markets witnessed the biggest single-day jump in two years during Thursday’s session. US inflation data remained slightly lower than analyst estimates and this led to a rally on the Wall Street. Global markets are currently bullish and we could see Indian markets closing the week strong.
Dubey has suggested BUY Call for private banking major ICICI Bank at current levels for target of Rs 938 with Stop Loss at Rs 901. Dubey has suggested medium term BUY Call for Bajaj Electricals at current price for target of Rs 1350 with holding period of 4-6 months.
Dubey has suggested BUY Call for Dredging Corporation at current price for target of Rs 367 with Stop Loss at Rs 346.
Dubey has suggested BUY Call for metal counter Hindalco at current price for target of Rs 428 with Stop Loss at Rs 410.
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.