Market expert Arman Nahar has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open lower today and we can see selling pressure across the board. However, market direction would depend on trends in European markets and US Stock Futures. Indian markets have gained smartly over the last couple of weeks and many market participants are expecting a healthy correction in the markets before future course of action on the markets. NSE Nifty is hovering around its all-time high and next major resistance is 19000 levels.

Nahar has suggested long term BUY Calls for ICICI Prudential and HDFC AMC. Both stocks are fundamentally strong and can offer good returns over one year holding period. Nahar has suggested BUY Call for ICICI Prudential at current levels for target of Rs 580 with holding period of 18 months. Nahar has suggested BUY Call for HDFC AMC at current price for target of Rs 2600 with holding period of 15 months.

Nahar has suggested BUY Call for M&M Finance at current levels for target of Rs 235 with Stop Loss at Rs 227.

Nahar has suggested SELL Call for RBL Bank at current levels for target of Rs 150 with Stop Loss at Rs 156.

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.