Varun Dubey: BUY United Spirits, AU Small Finance; SELL Hindalco and ITC
Market expert Varun Dubey has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open flat today and we can witness a range-bound session today. US markets closed negative on Friday and Asian stocks were trading mixed this morning. Indian markets are still hovering around all-time highs for indices but next major resistance for NSE Nifty is 18675. We can see stock specific movement in the markets today. Private and public sector banks have witnessed strength in the recent times.
Dubey has suggested BUY Call for AU Small Finance Bank at current price for target of Rs 700 with Stop Loss at Rs 675. Dubey has suggested BUY Call for United Spirits at current levels for target of Rs 955 with Stop Loss at Rs 928.
Dubey has suggested SELL Call for metal counter Hindalco at current levels for target of Rs 455 with Stop Loss at Rs 472. Dubey has suggested SELL Call for ITC at current price for target of Rs 335 with Stop Loss at Rs 348.
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.