Buy Dish TV, Sintex Industries; sell DHFL: Gaurav Bissa

Gaurav Bissa, Derivatives Analyst at LKP Securities told CNBC-TV18, "First recommendation today would be a buy call on Dish TV. We have seen good amount of long positions from the lower levels. It is making a short-term base around Rs 95-96 levels. The stock can test levels of Rs 104-106. For short-term trading one can have a stop loss of Rs 97.5-98 and play for target of Rs 103."

"Sintex Industries 120 Call option looks good. We have seen good amount of long positions getting built in the name. It has been trading in a narrow range, it is now showing early signs of coming out of the range and there will be strong breakout sort of coming in. The rollovers previously were quite good. So it again indicates that the positions are still intact in the name. With a stop loss of Re 1, one can buy 120 Call option for target of Rs 4," he said.

"The sole sell recommendation would be on DHFL. It has seen a good amount of short positions from the levels of Rs 435-438 and has given a break down on daily charts. With a stop loss of Rs 430 one can play for target of Rs 418."