Varun Dubey: BUY Prestige Estates, CE Infosystems, Ashok Leyland and Anand Rathi Wealth
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 as trend has turned bullish once again. US markets closed positive on Wednesday after US inflation came better than market expectations. European markets also closed strong yesterday and we can expect global market sentiment to be positive. Indian markets can witness a fresh all-time high for NSE Nifty. If NSE Nifty convincingly trades above 19,550, we can expect further strength.
Dubey has suggested BUY Call for Prestige Estates at current levels for target of Rs 610 with Stop Loss at Rs 575. Dubey has suggested short term BUY Call for Ashok Leyland at current price for target of Rs 174 with Stop Loss at Rs 168. The stock is fundamentally strong and with positive market sentiment, it can offer decent returns in short term.
Dubey has suggested BUY Call for Anand Rathi Wealth at current levels for target of Rs 960 with Stop Loss at Rs 925. The stock can jump in today’s session on back of positive news. Dubey has suggested BUY Call for CE Infosystems at current price for target of Rs 1390 with Stop Loss at Rs 1310. The stock is looking strong on technical charts.
All trades should be conducted with strict Stop Loss. Markets can have unpredicted moves based on news and trends in the global markets. Stop Loss is an important strategy to reduce the risk in case the stock doesn’t move as per the call given by market experts.