Market expert Kushal Gupta has suggested one BUY Call and three SELL Calls for today’s trading session. Indian markets are expected to open lower today and we can witness selling pressure in the markets due to weak global cues. However, markets can also witness buying at lower levels and we can expect stock specific action in today’s trade. Nasdaq and Dow Jones are hovering around their 52-week lows due to rising inflation and worries about interest rate hikes by US Federal Reserve.

Gupta has suggested BUY Call for Sonata Software at current levels for target price of Rs 680 with Stop Loss at Rs 650. The stock is looking strong on the charts and if the market recovers from its lows, we can see Sonata Software trading firm.

Gupta has suggested three SELL Calls for metal counters. Traders can SELL Hindalco at current levels for target price of Rs 430 with Stop Loss at Rs 450.

Gupta has suggested SELL Call for Vedanta at current levels for target price of Rs 340 with Stop Loss at Rs 356. Traders can SELL JSPL Futures Contract at current price for target price of Rs 480 with Stop Loss at Rs 502.

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.