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 see NSE Nifty breaking major support levels in today’s session. US Federal Reserve Chairman’s comments on interest rate hikes have spooked global markets. US markets witnessed sharp fall on Friday due to interest rate hike expectations in September. Asian markets were trading lower this morning.

Gupta has suggested medium term BUY Call for ICICI Lombard at current levels for target price of Rs 1500. The duration of this call has been suggested at six months. The stock is fundamentally strong and investors can get good returns.

Gupta has suggested SELL Call for Infosys Technologies Futures Contract at current levels for target price of Rs 1490 with Stop Loss at Rs 1555. Gupta has suggested SELL Call for Balkrishna Industries at current price for target of Rs 280 with Stop Loss at Rs 294.

Gupta has suggested SELL Call for HDFC Bank at current levels for target price of Rs 1450 with Stop Loss at Rs 1500.

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.