Varun Dubey: BUY ICICI Bank, Vedanta, SBI Cards and Stylam Industries
Market expert Varun Dubey has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open flat and we can witness a volatile session. Markets are likely to remain in a small range with resistance seen at 18650 for NSE Nifty and support at 18500. US markets closed flat on Wednesday and global cues are muted today. Asian markets were trading strong this morning.
Dubey has suggested BUY Call for private banking major ICICI Bank 930 CALL OPTION at current levels for target of Rs 25 with Stop Loss at Rs 16. The stock is looking strong on technical charts and this option can offer decent returns. Dubey has suggested BUY Call for Vedanta Futures Contract at current levels for target of Rs 322 with Stop Loss at Rs 307.
Dubey has suggested medium term BUY Call for SBI Cards at current levels for target of Rs 950 with holding period of 6 months.
Dubey has suggested BUY Call for Stylam Industries at current price for target of Rs 1220 with Stop Loss at Rs 1150.
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.