Market expert Kushal Gupta has suggested four SELL Calls and no BUY Call for today’s trading session, indicating a negative outlook for markets today. US markets closed negative on Friday and global market trend is once again bearish. Indian markets are expected to open lower today and we can witness selling pressure in today’s session. There can be a recovery from lower levels towards the end of the trading session, mostly depending on European and US futures.

Gupta has suggested SELL Call for JK Cement Futures Contract at current price for target of Rs 2405 with Stop Loss at Rs 2505. Gupta has suggested SELL Call for Tata Motors Futures Contract at current price for target of Rs 385 with Stop Loss at Rs 403.

Traders can initiate a SELL Trade for SBI Card at current levels for target of Rs 823 with Stop Loss at Rs 860. The stock is looking weak on the charts.

Gupta has suggested SELL Call for Hindalco at current levels for target of Rs 388 with Stop Loss at Rs 406.

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.