Market analyst Prakash Gaba has suggested two BUY Calls and one SELL call for today’s trade. Indian market is expected to open strong today. Asian stocks have been trading strong and Dow Jones closed nearly 300 points higher on Thursday.

Gaba has suggested BUY call for FMCG major ITC with a stop loss of Rs 198, target at Rs 210. Other stock from FMCG sector is on Gaba’s buying list for the trading session. Traders can BUY Nestle India with a stop loss of Rs 16,700, target at Rs 17,100.

Gaba has suggested sell call for technology major HCT Technologies. Traders can Sell HCL Tech with a stop loss of Rs 560, target at Rs 540.

Indian markets have consolidated in the recent trading sessions. We have witnessed selling at higher levels but buying at lower levels of the day supports the markets. We are in a trading zone and unless there is a major trigger, markets will find it difficult to have a major movement on either side. Global market sentiment will be ruling the sentiment of Indian traders as well.

Traders should keep strict Stop Loss for all trades as volatility is still high in Indian markets.