Buy Arvind, Tata Global Beverage, Sun TV, Apollo Tyres, NMDC: VK Sharma

VK Sharma, Head - PCG and Capital Market Strategy at HDFC Securities told CNBC-TV18, "Incidentally I happen to hold odd lots in Arvind and Tata Global Beverage in the physical form. So, Arvind is a stock in which we have seen 46 percent of open interest (OI) being added and the stock is up 11 percent in the current series. Yesterday the stock did not do well but a day before that, it moved up around 12 percent."

"This is also the stock in which the results come out tomorrow and we are not usually recommending stocks where there is a result awaited. However, the fact that there could be announcement coming in, it might have to do with the hiving off the brand business."

"I am buying the 450 Call at around Rs 18, stop loss at Rs 14, and a target of around Rs 28."

"The other stock is Tata Global. This stock which is up 92 percent so far in the current year, 72 percent till about September and October 30, I had given a call in which 50 percent earnings were made on the premium that I had suggested and I think it is time now to look at the stock all over again. I am suggesting to buy the 240 Call at Rs 7.50, stop loss at Rs 5, and a target of Rs 13."

"Sun TV is a stock which is technically also doing well. OI has been added to the tune of almost 4 percent in this series, not much but the fact is that the stock moves up technically as a result of being added. I am buying the 920 Call at around Rs 33, stop loss at Rs 25, and target at around Rs 50 which is almost 50 percent return this year," he said.

"Apollo Tyres is a stock in which no OI was added but stock went up by 3 percent. However, essentially this is a stock which has started moving. I am buying the 250 Call at around Rs 6.7, stop loss at Rs 5, and target of around Rs 10."

"The stock that I like more is NMDC. This is a stock, obviously it fits in the current theme of PSUs and metals. So I am buying this stock and suggesting to buy the 135 Call at Rs 4.6, stop loss at Rs 3, and target of around Rs 8. The reason is that the stock has now moved up out of the five day moving average and after consolidation. So, if at all something you have to buy in the open at current prices then this is what I would suggest for a trader," he added.