Varun Dubey: BUY UTI AMC, Shakti Pumps, Hindustan Zinc and IRB Infra
Market expert Varun Dubey has suggested four BUY Calls and no SELL Call for today’s trading session. Indian markets are currently hovering around multiple-week highs and the sentiment is positive. NSE Nifty is above its major resistance levels and sentiment in global markets is positive. US and European stocks registered smart gains on Monday and we can expect Indian markets to open positive today.
Dubey has suggested BUY Call for Shakti Pumps at current levels for target price of Rs 600 with Stop Loss at Rs 565. Dubey has suggested BUY Call for UTI AMC at current price for target of Rs 850 with Stop Loss at Rs 800. The stock is fundamentally strong and should offer decent returns, as per Dubey.
Dubey has suggested BUY Call for Hindustan Zinc at current price for target of Rs 300 with Stop Loss at Rs 284. Traders can BUY IRB Infra at current levels for target price of Rs 245 with Stop Loss at Rs 230. The stock is looking strong on technical charts.
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.