Market analyst Mitesh Thakkar has suggested only BUY calls for today’s session, suggesting a positive bias. US markets closed strong on Tuesday and Asian markets have been trading strong. Indian economy is opening up after many weeks of lockdowns and companies could report strong activity in the quarter ending June 2020. Indian consumer spending has witnessed a strong decline due to lockdowns but pickup in buying activity could be expected as markets open for trade.

Thakkar has suggested only BUY calls for the trading session. Indian markets are having a strong undertone and traders can make good money by playing safer bets. Markets are in trading range for the last few trading sessions and stop loss is a must for all trades.

Traders can Buy IDFC First Bank with a stop loss of Rs 22.9, target at Rs 26. Other stock on Thakkar’s buy list for the day is technology major Tech Mahindra. Traders can BUY Tech Mahindra with a stop loss of Rs 537, target at Rs 567.

Thakkar has suggested Buy for Voltas with a stop loss of Rs 545, target at Rs 580. For FMCG major HUL, Thakkar has suggested BUY Call. Traders can BUY HUL with a stop loss of Rs 2,075, target at Rs 2,180.

Indian markets are expected to trade strong today. We can expect markets to see buying at lower levels and selling pressure could be witnessed above 10,000 levels for NSE Nifty.