Varun Dubey: BUY Karnataka Bank, Jamna Auto; SELL Wipro and Bandhan Bank
Market expert Varun Dubey has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open flat today and we can witness a range-bound session. Markets are still facing negative sentiments as inflation remains a concern for the world economy. US markets closed positive on Friday and today will be closed due to July 4. European markets are expected to trade range-bound for today’s session. NSE Nifty could test support levels and we can expect buying at lower levels.
Dubey has suggested BUY Call for Karnataka Bank at current levels for target price of Rs 68 with Stop Loss at Rs 64. Traders can initiate a BUY Trade for Jamna Auto at current price for target price of Rs 130 with Stop Loss at Rs 122. The stock is looking strong on the charts.
Dubey has suggested SELL Call for technology major Wipro Futures Contract at current levels for target price of Rs 410 with Stop Loss at Rs 430. Dubey has suggested SELL Call for Bandhan Bank Futures Contract at current levels for target price of Rs 257 with Stop Loss at Rs 268.
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.