Indian markets are expected to open lower today. Yesterday, Indian markets witnessed the biggest single day drop in six months. The sentiment would remain cautious in today’s session as well and we can expect more selling pressure.

Thakkar has suggested BUY Call for two-wheeler major TVS Motor Company for a target of Rs 674-675 with a stop loss at Rs 640. Automobile companies are expected to announce strong sales and we can expect strong performance for auto stocks. Thakkar has suggested BUY Call for private sector banking major ICICI Bank for a target of Rs 820 with a stop loss at Rs 787.

Thakkar has suggested SELL Call for pharmaceutical major Lupin for a target of Rs 855 with a stop loss at Rs 893. Traders can initiate a SELL Trade for Garnules India for a target of Rs 300 with a stop loss at Rs 315, as per Thakkar.

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.