Market expert Shrikant Chouhan from Kotak Securities has suggested one BUY Call and one SELL Call for short term traders. Indian markets are expected to open down today and we can expect selling pressure for the trading session. Indian markets witnessed a quick drop in yesterday’s trading session and we can see many stocks facing correction today as well. Markets have been trading strong for the last few months without any major correction.

Chouhan has suggested BUY Call for India Cements for a target of Rs 210-215 with a stop loss at Rs 195. India Cements is looking strong on the charts. Cement companies are expected to show strong performance as construction activity will pick up after lockdowns have ended and COVID-19 cases are quite low in the recent weeks.

Chouhan has suggested SELL Call for automobile counter Eicher Motors for a target of Rs 2,375 with a stop loss at Rs 2,560. Eicher Motors is looking weak on the charts.

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.