Varun Dubey: SELL Asian Paints, Gujarat Gas, Muthoot Finance; BUY Petronet LNG
Market expert Varun Dubey has suggested three SELL Calls and one BUY Call for today’s trading session. Indian markets are expected to open gap-down today due to weakness in global markets. US markets closed lower on Friday and Asian stocks were trading low this morning. Indian markets could see a quick correction this week unless the conditions in global markets improve.
Dubey has suggested SELL Call for Asian Paints Futures Contract at current price for target of Rs 3120 with Stop Loss at Rs 3260. Dubey has suggested SELL Call for Gujarat Gas Futures Contract at current levels for target price of Rs 615 with Stop Loss at Rs 645.
Dubey has suggested SELL Trade for Muthoot Finance Futures Contract at current price for target of Rs 1365 with Stop Loss at Rs 1440.
Dubey has suggested BUY Call for Petronet LNG at current levels for target price of Rs 232 with Stop Loss at Rs 220.
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.