Varun Dubey: BUY Maruti Suzuki, Cummins India, Aarti Drugs and Mahindra Logistics
Market expert Varun Dubey has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open strong today and we could gain further ground as markets are currently at multiple-week highs. US and European markets closed positive on Tuesday. US markets have factored in the rate hikes and troubles for the economy and for the moment, sentiment is looking neutral. Asian stocks were trading mixed this morning.
Dubey has suggested BUY Call for automobile major Maruti Suzuki Futures Contract at current price for target price of Rs 9200 with Stop Loss at Rs 8950. Dubey has suggested medium term BUY Call for Cummins India. Investors can BUY Cummins India at current price for target of Rs 1500 with four months holding period.
Dubey has suggested BUY Call for Aarti Drugs at current price for target of Rs 440 with Stop Loss at Rs 415. Dubey has suggested BUY Call for Mahindra Logistics at current levels for target price of Rs 500 with Stop Loss at Rs 475.
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.