Market expert Shilpa Rout from Prabhudas Lilladher has suggested two BUY Calls for short term traders. Indian markets were trading positive on Tuesday with NSE Nifty gaining nearly 72 points. European markets opened positive on Tuesday. We can expect higher volatility in Indian markets as F&O expiry is tomorrow.

Rout has suggested BUY Call for Mahindra & Mahindra Financial Services at current levels for target of Rs 322 with a stop loss at Rs 309. The stock is looking strong on the charts.

Rout has suggested BUY Call for pharmaceutical major Biocon at current price for target of Rs 258. The stock can even touch Rs 265, as per Rout. No Stop Loss has been given for the BUY Call. Traders can choose their own Stop Loss depending on risk appetite.

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.