Markets analyst Mitesh Thakkar has suggested two SELL calls and two BUY calls for today’s trading session. Thakkar is positive on Indian markets and feels that markets will see further strength once we cross important resistance levels on market close. US markets closed strong on Monday and Asian markets have been trading strong. We can expect Indian markets to open strong but trade could be range-bound today.

Thakkar suggests BUY call for Indiabulls Housing with a stop loss of Rs 144, target at Rs 160. Thakkar has also suggested Buy trade for CESC with a stop loss of Rs 634, target at Rs 677.

On Thakkar’s radar for the day is pharmaceutical major Cipla. We have seen Cipla hovering around its 52-week high in the recent trading sessions. As per Thakkar, traders can SELL Cipla with a stop loss of Rs 646, target at Rs 615. Other stock on Thakkar’s selling list is Motherson Sumi. Traders can Sell Motherson Sumi with a stop loss of Rs 105, target at Rs 94.

TopNews will review performance of trading calls by the end of the trading session. Traders should keep strict Stop Loss for all the trades.