Buy ICICI Bank OTM calls: Murlidharan

Buy ICICI Bank OTM calls, says Manoj Murlidharan, IIFL Premia.

Murlidharan told CNBC-TV18, "If you specifically look into ICICI Bank this level of Rs 904 seems to be a very crucial level because even day before there was lot of short which has come in and today if you actually see it is fresh long build. We have not really seen shorts getting covered so I feel Rs 904 is definitely a level into ICICI Bank where we would see a short covering coming in so we can see somewhere at least Rs 914 to Rs 916 on that and if it is on the Nifty