Varun Dubey: BUY ONGC, Mahindra Logistics, HPCL; SELL Persistent Systems

Varun Dubey: BUY ONGC, Mahindra Logistics, HPCL; SELL Persistent Systems

Market analyst Varun Dubey has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open flat today but we can see positive trading session. US markets remained closed on Monday but we have witnessed positive futures trading. Asian markets were trading positive this morning and we can expect Indian stocks to follow the global cues.

Dubey has suggested BUY Call for PSU energy major ONGC futures contract at current price for target of Rs 131 with Stop Loss at Rs 124. The stock is looking strong on the charts. Dubey has suggested fundamental BUY Call for Mahindra Logistics at current price. The target has been suggested at Rs 477 with Stop Loss at Rs 450.

Dubey has suggested BUY Call for PSU energy major HPCL at current prices for target of Rs 236 with Stop Loss at Rs 222.

Dubey has suggested SELL Call for Persistent Systems Futures Contract at current price for target of Rs 3160 with Stop Loss at Rs 3300.

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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