Varun Dubey: SELL HDFC, Mphasis and Motherson Sumi
Market expert Varun Dubey has suggested three SELL Calls for today’s trading session. Indian markets are expected to open positive today and we can see recovery in many stocks that declined last week. US markets declined on Tuesday after Jerome Powell’s comments on inflation but later a recovery was seen. Crude Oil and Natural Gas prices have declined in the recent sessions.
Dubey has suggested SELL Call for HDFC Futures contract at current levels for target price of Rs 2630 with Stop Loss at Rs 2710.
Dubey has suggested SELL Trade for technology counter Mphasis Futures contract at current levels for target price of Rs 2850 with Stop Loss at Rs 2925.
Traders can SELL Motherson Sumi Futures Contract at current levels for target of Rs 206 with Stop Loss at Rs 212.
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.