Market expert Jay Thakkar from ShareKhan has suggested two BUY Calls for short term traders. Indian stocks were trading firm on Monday as markets witness sustained buying. US and European markets have given positive signals and we can expect Indian stocks to continue with the strong performance today. Markets could also face a short term correction but at the moment, the mood is bullish.

Thakkar has suggested BUY Call for private banking counter AU Small Finance Bank at current price with Stop Loss at Rs 740 and a target of Rs 785. The stock can even touch Rs 800 in case the markets remain positive.

Thakkar has suggested BUY Call for Mahanagar Gas Limited at current levels with Stop Loss at Rs 1,055. Traders can keep a target price of Rs 1,120-1,140 for MGL, as per Thakkar.

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.