Technical expert Sneha Seth from Angel One has suggested two BUY Calls and no SELL Call for short term investors and traders. Indian markets are expected to open slightly lower. We could witness a narrow trading range in today’s session. Indian markets have been trading near their all-time highs but market participants are also expecting a correction. Any correction during the last two months has been short-lived and has led to another round of buying in equities. Many stocks are trading at much higher valuations than their historical range and this could lead to correction once the mood turns bearish. For the moment, the markets sentiment is positive.

Seth has suggested BUY Call for PSU energy major GAIL at current levels for a target of Rs 121 with a stop loss at Rs 114. The stock is looking strong on the charts.

Seth has suggested BUY Trade for FMCG counter Marico at current price for a target of Rs 582 with a stop loss at Rs 541. The stock is looking positive on the charts. Market expert Mitessh Thakkar has also suggested BUY Call for Marico today.

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.