Varun Dubey: BUY JBM Auto, Radico Khaitan, Indiabulls Real Estate; SELL Bata India

Varun Dubey: BUY JBM Auto, Radico Khaitan, Indiabulls Real Estate; SELL Bata India

Market expert Varun Dubey has suggested three BUY Calls and one SELL Calls for today’s trading session. Indian markets are expected to open flat today and we can witness markets to trade lower during the session. Some stocks are looking overvalued right now and a small correction would only improve confidence of market participants. Asian stocks were trading mixed this morning.

Dubey has suggested BUY Call for JBM Auto at current price for target of Rs 930 and Stop Loss at Rs 870. Traders can BUY Radico Kahaitan for target price of Rs 1170 and Stop Loss at Rs 1105, as per Dubey. The stock is looking strong on the charts.

Dubey has suggested medium term BUY Call for Indiabulls Real Estate at current levels for target price of Rs 220. The suggested holding time for this call is six to eight months.

Dubey has suggested SELL CALL For Bata Futures contract at current levels for target price of Rs 2080 and Stop Loss at Rs 2170.

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.

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