Varun Dubey: TVS Motors, Bank of India, Birlasoft; SELL Dr Redddy’s
Market expert Varun Dubey has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open positive today but we can witness a volatile session. The markets sentiment is still cautious and Asian stocks were trading mixed this morning. Dow Jones closed almost flat while Nasdaq declined on Tuesday.
Dubey has suggested BUY Call for automobile major TVS Motor Company at current levels for target price of Rs 740 with Stop Loss at Rs 700. Dubey has suggested BUY Call for Bank of India at current levels for target price of Rs 61 and Stop Loss at Rs 57.5.
Traders can initiate a short term BUY Trade for Birlasoft as per Dubey. For time duration of two months, Dubey has suggested target price of Rs 600 for Birlasoft.
Dubey has suggested SELL Trade for Dr Reddy’s Futures at current levels for target price of Rs 4560 with Stop Loss at Rs 4660.
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.