Market analyst Mitesh Thakkar has suggested two BUY Calls and two SELL Calls for today’s trading session. Indian markets are expected to open flat and we can witness selling pressure in the markets today. Global cues are largely negative as today US inflation data will be announced. Investing community is concerned about high inflation and imminent interest rate hikes by US Federal Reserve. Indian markets could have a range-bound session with negative bias.

Thakkar has suggested BUY Call for private banking counter City Union Bank for a target of Rs 195 with a stop loss at Rs 180. Traders can initiate a BUY Trade for IDFC Limited for a target of Rs 80 with a stop loss at Rs 74, as per Thakkar.

Thakkar has suggested SELL Call for Asian Paints for a target of Rs 3,180 with a stop loss at Rs 3,275. Traders can initiate a SELL Trade for electrical equipment manufacturer Havells for a target of Rs 1,230 with a stop loss at Rs 1,290, as per Thakkar.

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.