Market expert Rajesh Palviya from Axis Securities has suggested three BUY Calls for short term traders. Indian markets are expected to open positive but we can witness a range-bound session with weakness in certain sectors. Indian markets have remained firm over the last few sessions. US and European markets closed positive on Tuesday but trends in Indian markets will depend on opening trades in Europe and US Futures.

Palviya has suggested BUY Call for Alkem Laboratories at current levels for target price of Rs 3,750 with a stop loss at Rs 3,620. The stock can even reach Rs 3780 in case the markets remain positive. Palviya has suggested BUY Call for Asian Paints at current price for a target of Rs 3,600 with a stop loss at Rs 3,495. The stock is looking strong on the charts and has given a positive breakout recently.

Palviya has suggested BUY Call for FMCG major Tata Consumer Products at current price for a target of Rs 890 with a stop loss at Rs 842. The stock is looking strong at current levels.

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.