Varun Dubey: BUY Sula Vineyards, Zydus LifeSciences, Star Health and Mahindra & Mahindra
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 flat today and we can witness a volatile session, depending on global cues. Friday gave mixed signals with US markets opening lower but recovering towards the end of the session. US markets will also remain volatile this week as US Federal Reserve will announce policy rates and many market participants are expecting another rate hike. Indian markets will also witness stock specific action this week as companies will start announcing quarterly numbers.
Dubey has suggested BUY Call for Sula Vineyards at current levels for target of Rs 463 with Stop Loss at Rs 436. The stock is looking strong on the charts and can offer decent returns in short term. Dubey has suggested BUY Call for Zydus LifeSciences 585 CALL OPTION at current price for target of Rs 20 with Stop Loss at Rs 13.
Dubey has suggested BUY Trade for Star Health at current price for target of Rs 625 with Stop Loss at Rs 590. The stock is looking good on technical charts and can offer decent returns to short term traders.
Dubey has suggested short term BUY Call for automobile major Mahindra & Mahindra at current price for target price of Rs 1600 with Stop Loss at Rs 1550.
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.