Market analyst Prakash Gaba has suggested three SELL calls and one BUY call for today’s session, suggesting a bearish trend for Indian markets. Asian markets have opened lower while Dow Jones closed nearly 7 percent lower yesterday, marking one of the worst performance for US markets in recent weeks. Due to cautionary Fed Reserve messages and risk of second wave of coronavirus, US markets declined massively, registering one of the biggest single day drops since March.

Gaba has suggested Sell Call for Coal India with a stop loss of Rs 140, target at Rs 134. Due to weakness in US markets, we can expect selling in Indian markets on opening bell. The trading session could see higher volatility and stock specific action.

Gaba has also suggested Sell call for automobile major Maruti Suzuki with a stop loss of Rs 5,530, target at Rs 5,250.

PSU banking major SBI is also on Gaba’s selling list for the day. Market expert Ashwani Gujral has also suggested SELL for SBI today. Traders can Sell SBI with a stop loss of Rs 180, target at Rs 170.

On the BUYING side, Gaba has suggested only Meghmani Organics. Traders can Buy Meghmani Organics with a stop loss of Rs 52, target at Rs 58.

TopNews will review trading call performance by the end of the trading session.