Market expert Kushal Gupta has suggested three BUY Calls and one SELL Call for today’s trading session. Indian markets are expected to open flat today and we expect a range-bound session. Indian markets have managed to recover from the one-day correction and mood is still positive. US and European markets have also sent positive cues and global markets are waiting for the next trigger. The US Federal Reserve will be announced 25 basis points rate hike in its latest policy rates announced yesterday. Despite the small rate hike, Dow Jones closed positive while Nasdaq closed flat.

Gupta has suggested BUY Call for Schaeffler India at current levels for target of Rs 3250 with Stop Loss at Rs 3120. The stock is looking strong on the charts and on back of positive news, it could offer quick returns to traders.

Gupta has suggested long term BUY Call for pharmaceutical major Cipla at current price for target of Rs 1300 with holding period of 12 months. The stock is fundamentally strong and pharmaceutical sector has positive outlook in medium to long term.

Gupta has suggested BUY Call for Dr Reddy’s Labs 5500 CALL Option at Rs 199 for target of Rs 280 with Stop Loss at Rs 150. The stock has given a positive breakout and is looking strong on the charts.

Gupta has suggested SELL Tech Mahindra Futures Contract at current levels for target of Rs 1110 with Stop Loss at Rs 1175. The stock is looking weak on technical charts and technology sector stocks are under pressure in the recent days.

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.