Market analyst Sumeet Bagadia has suggested two BUY Calls and no SELL Call for today’s trade, indicating a neutral outlook for Indian stocks. Indian markets are expected to open positive today but we can also expect selling pressure at higher levels. For NSE Nifty, 19435 is main resistance and above that level 19,500 acts as resistance. US markets closed mixed on Monday while European stocks witnessed small recovery.

Bagadia has suggested BUY Call for private banking major ICICI Bank at Rs 948 with Stop Loss at Rs 930 with target price of Rs 985. The stock has given positive breakout in the recent times and we can expect ICICI Bank to outperform. If markets remain positive, we can see higher levels for ICICI Bank, as per Bagadia.

Bagadia has suggested BUY Call for Hindustan Aeronautics at Rs 3770 with target price of Rs 3900 and Stop Loss at Rs 3700. The stock is looking strong on the charts. The rebound in this counter could take it to higher levels, if the markets remain positive.

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.