Varun Dubey: BUY ICICI Bank, SBI Cards, Pfizer; SELL Infosys
Market expert Varun Dubey has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to continue with the rally and we can witness another lifetime high for market indices. Indian markets have been trading firm over the last couple of weeks and in the recent sessions, markets have witness a strong breakout above major resistance. US and global markets are trading sideways this week but Indian markets have remained firm. We can expect Indian markets to witness selling pressure at higher levels but overall trend is still positive.
Dubey has suggested BUY Call for SBI Cards at current levels for target of Rs 840 with Stop Loss at Rs 805. The stock is looking strong on the charts. Dubey has suggested BUY Call for ICICI Bank 950 CALL OPTION at current levels for target of Rs 25 with Stop Loss at Rs 19.
Dubey has suggested long term BUY Call for pharmaceutical major Pfizer at current levels for target of Rs 5500. The suggested holding period for this call is 12 months.
Dubey has suggested SELL Call for technology major Infosys Technologies at current levels for target of Rs 1600 with Stop Loss at Rs 1650.
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.