Varun Dubey: BUY ITC, Wipro and Sundram Fastners; SELL ICICI Bank
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 and we can see momentum continuing in markets as global markets are looking positive right now. Indian markets will see stock specific action in the coming days as companies will be declaring quarterly results. NSE Nifty could face resistance at 18100 levels.
Dubey has suggested BUY Call for FMCG major ITC at current levels for target of Rs 340 with Stop Loss at Rs 329. Dubey has suggested BUY Call for Wipro at current price for target of Rs 405 with Stop Loss at Rs 392.
Dubey has suggested BUY Call for Sundram Fastners at current levels with Stop Loss at Rs 950 and target at Rs 1000.
Dubey has suggested SELL Call for private banking major ICICI Bank at current levels for target of Rs 850 with Stop Loss at Rs 875.
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.