Varun Dubey: BUY SBI Cards, Bharat Dynamics, PVR and FirstSource
Market expert Varun Dubey has suggested four BUY Calls and no SELL Call for short term investors and traders. Indian markets are expected to open positive strong today as the global trend has turned positive. US markets closed strong on Thursday and Nasdaq reclaimed 12000 levels. European markets are also looking positive. Indian markets could see a strong closing today.
Dubey has suggested BUY Call for PVR Futures Contract at current levels for target of Rs 1570 with Stop Loss at Rs 1510. The stock is looking strong on the charts. Dubey has suggested BUY Call for FirstSource at current price for target of Rs 109 with Stop Loss at Rs 102.
Dubey has suggested Long Term BUY Call for SBI Cards at current price for target of Rs 900 with holding period of 8 months. The stock is looking good on fundamentals and can offer decent returns to investors.
Dubey has suggested short term BUY Call for Bharat Dynamics at current price for target price of Rs 995 with Stop Loss at Rs 935.
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.