Varun Dubey: BUY Karur Vysya Bank; SELL ICICI Prudential, Shriram Transport and Aurobindo Pharma
Market analyst Varun Dubey has suggested one BUY Call and three SELL Calls for today’s trading session. Indian markets are expected to open flat today and we can witness a range-bound session. US markets closed mixed on Wednesday as Nasdaq was trading lower while Dow Jones closed almost flat. Indian markets are showing bullish trends but the global cues are muted today. NSE Nifty has been hovering around 18400 and 18550 is proving to be a major resistance for Nifty.
Dubey has suggested BUY Call for banking counter Karur Vysya Bank at current levels for target of Rs 107 with Stop Loss at Rs 103. The stock is looking strong on the charts.
Dubey has suggested SELL Call for ICICI Prudential Futures Contract at current levels for target of Rs 460 with Stop Loss at Rs 485. Dubey has suggested SELL Call for Aurobindo Pharma at current price for target of Rs 465 with Stop Loss at Rs 486.
Dubey has suggested SELL Call for Shriram Transport at current price for target of Rs 1200 with Stop Loss at Rs 1250.
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.