Market expert Shrikant Chouhan from Kotak Securities has suggested two BUY Calls and no SELL Call for today’s trading session. Indian markets are looking for global cues for the future direction while the local fundamentals are strong. . Indian markets are expected to open flat today but we can have a volatile session. The global cues are negative but many traders are expecting a pullback in the markets. The decline in markets has been steep and we can expect technical buying coming in at lower levels.

Chouhan has suggested BUY Call for Reliance Industries at current levels for a target of Rs 2,400-2,450 and stop loss at Rs 2,320. The stock is looking good on the charts and with markets turning positive, this counter can offer decent returns.

Chouhan has suggested BUY Call for JK Paper at current price for target price of Rs 400 with a stop loss at Rs 370.

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.