Watch the interview of Gaurav Bissa of LKP Securities with Ekta Batra & Latha Venkatesh on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.
Below is the verbatim transcript of Gaurav Bissa's interview with CNBC-TV18
Asian Paints
"Asian Paints witnessed lower amount of rollover, the kind of fall that it witnessed from Rs 815 odd levels, shorts were not carried out aggressively. This time around short covering is seen in the stock. I feel it can come out of the consolidation phase. I recommend buying 760 Call for target of Rs 25 with the stop loss at Rs 12."
Infosys
"Infosys witnessed some short covering. It is trading above its crucial level of Rs 2,000; 2,000 Put has one of the highest open interest concentration indicating this will act as a strong support for this stock. I recommend going long on 2,100 Call option. The target for the same would be Rs 45 and stop loss at Rs 10," he said.
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