Market expert Hemen Kapadia has suggested three BUY Calls for short term investors and traders. Indian markets are expected to open flat today but markets could close positive, depending on trend in the European and US futures. US market looks stable after US Federal Reserve said that rate hikes are almost done. However, the rates in the US market could remain at elevated levels in case inflation doesn’t come down.

Kapadia has suggested BUY Call for private banking major Axis Bank at current price for target of Rs 880 with Stop Loss at Rs 820. The stock is looking strong on the charts. The target could be achieved within a day or in 1-2 days.

Kapadia has suggested BUY Call for BPCL at current price for target of Rs 370 with Stop Loss at Rs 332. The stock is looking strong for upside movement in case the markets trade firm.

Kapadia has suggested BUY Call for Colgate at current levels for target of Rs 1570 with Stop Loss at Rs 1495. The stock is looking strong and can offer decent returns over the next few sessions.

All trades should be conducted with strict Stop Loss. Markets can have unpredicted moves based on news and trends in the global markets. Stop Loss is an important strategy to reduce the risk in case the stock doesn’t move as per the call given by market experts.