Varun Dubey: BUY J Kumar Infra, Mahindra Holidays; SELL Interglobe and Apollo Tyres
Market expert Varun Dubey has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open positive today and we can see stock specific action in the markets. The overall trend in Indian markets is positive and NSE Nifty is above is major resistance levels. Markets would still depend on the trends in the global markets but local sentiment is bullish.
Dubey has suggested BUY Call for J Kumar Infra at current price for target of Rs 285 with Stop Loss at Rs 268. The stock is looking strong on the charts. Dubey has suggested medium term BUY Call of Mahindra Holidays at current levels for target of Rs 350 with holding period of six months.
Dubey has suggested SELL Call for Interglobe Aviation Futures Contract at current price for target of Rs 1740 with Stop Loss at Rs 1810. Traders can initiate a SELL Trade for Apollo Tyres at current price for target of Rs 294 with Stop Loss at Rs 307.
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.