Buy Cipla 320 call, says VK Sharma

Buy Cipla 320 call, says VK Sharma, HDFC Securities.

Sharma told CNBC-TV18, "Cipla is a good technical formation. In Cipla, I think buying 320 call at around Rs 14 and hoping to sell it at Rs 20, gain of Rs 6 and keeping a stop loss of Rs 11, means that you lose only Rs 3. Your profit to gains ratio would be 2:1 so that