Buy Axis Bank 1000 Call, says VK Sharma, HDFC Securities.
Sharma told CNBC-TV18, "Although Axis Bank did jump Rs 30 from the levels it was trading when the results came but I think the stock still has some Rs 50 more go on the upside, so I suggest buying the 1000 Call which was the level available around Rs 17, keep a stoploss of Rs 8 and hope to sell this Call at around Rs 35 with a gain of Rs 18."
He further added, "The bullishness in Bank Nifty could also spread to ICICI Bank where I suggest buying 840 Call and with same around Rs 18 with a stop loss of Rs 10 and hoping to sell this around a gain of Rs 17."
