Varun Dubey: BUY RBL Bank, TVS Motors, Avenue Supermarts; SELL Wipro
Market expert Varun Dubey has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open flat and we can see recovery in the markets today. US markets have been volatile for the last two weeks but the last two trading sessions have witnessed little bit of bounce in the markets. Stock specific action can be witnessed in Indian markets today.
Dubey has suggested BUY Call for private banking counter RBL Bank Futures Contract at current price for target of Rs 162 with Stop Loss at Rs 150. Dubey has suggested BUY Call for DMart parent company Avenue Supermarts at current price for target of Rs 5,000. This is a medium term call with holding period of four months.
Dubey has suggested BUY Call for TVS Motors at current price for target of Rs 660 with Stop Loss at Rs 620.
Dubey has suggested SELL Call for technology major Wipro at current levels for target price of Rs 535 with Stop Loss at Rs 550.
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.