Buy Siemens, advises Krish Subramanyam

Krish Subramanyam of Altamount Capital told CNBC-TV18, "We are giving a buy call on Siemens. Power stocks have done well in this series. One could take advantage of this, buy 1,320 strike Call quoting at around Rs 25-30, one could keep a target of Rs 45 and a stop loss of Rs 12."

"Bull Spread on L&T Finance Holdings which has had a stellar run in the last few weeks and hitting lifetime highs. One could take advantage of the uptrend by doing a bull spread. Buy 125 strike Call quoting at around Rs 4.50. Sell 130 strike Call quoting at around Rs 1.65. So net cost comes to about Rs 285, keep a target of Rs 4.50 and maybe one could keep a stop loss of Rs 2," he said.