Jan 13, 2017 09:52 AM IST | Source: CNBC-TV18

Buy Wipro, UPL: VK Sharma

According to VK Sharma, Head of Business, Private Client Group at HDFC Securities, one can buy Wipro 490 Call and UPL 700 Call.

VK Sharma, Head of Business, Private Client Group at HDFC Securities told CNBC-TV18 "I have a buy on Wipro because technically that looked the best among those stocks. In Wipro, I am buying the 490 Call at around Rs 6, keeping a stop loss at Rs 4 and a target of around Rs 11. That is the only stock which has seen an addition of open interest for the series." 

"The other stock is UPL. I am buying the 700 Call at around Rs 11, stop loss at Rs 8 and a target of around Rs 18. The stock has seen a good amount of open interest," he said.

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