Buy L&T Finance Holdings 175 Call, sell 190 Call: Krish Subramanyam

Krish Subramanyam, Co-Head Equity Advisory at Altamount Capital told CNBC-TV18, "L&T Finance Holdings has seen some pretty decent correction, but I think the segment seems to be again picking up in action. So, one could possibly buy 175 strike Call and sell a 190 strike Call. The net cost comes to about Rs 4.30. The maximum gain that one could get is about Rs 10.70. One could keep a stop loss of Rs 2."

"A bull spread on Bharti Airtel. Telecom stocks could come back to momentum. Bharti Airtel has seen some pretty decent consolidation in the Rs 515-525 zone. Therefore one could buy a 530 strike Call and sell 560 strike Call. The net cost comes to about Rs 11 and the maximum gain that one could get is Rs 19 and maybe one could keep a stop loss of Rs 7," he said.