Market analyst Mitesh Thakkar has suggested two BUY Calls and no SELL Call for today’s trading session. Indian markets are expected to open flat today but trade is expected to remain range-bound. US markets closed negative for third session on Wednesday. The European markets declined on Wednesday after inflation came higher than expected in the UK. Indian markets could touch another all-time high for indices but a correction can also happen in stocks. Many market participants are getting uncomfortable with higher valuations.

Thakkar has suggested BUY Call for sugar stock Balrampur Chini at current price for a target of Rs 425 with a stop loss at Rs 398. The stock is looking strong on the charts.

Thakkar has suggested BUY Call for financial services major HDFC Limited at current levels for a target of Rs 2,760 with a stop loss at Rs 2,695. The stock can offer decent returns to short term investors if markets remain favorable.

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.