Buy Apollo Hospitals, IndusInd Bank, DCB Bank: VK Sharma

VK Sharma, Head of Business, Private Client Group at HDFC Securities told CNBC-TV18, "Apollo Hospitals has just given a break out inverse head and shoulders and I am buying the 1,280 Call here at around Rs 32, stop loss at Rs 24. Although, I believe that the target could be much higher, but I am putting a target of around just Rs 50 for this premium to be booked." "The banking space definitely looks good still from here on. So, I have IndusInd Bank on my charts. I am buying the 1,320 Call at Rs 23, stop loss at Rs 15 and a possible target of around Rs 48," he said."In the smaller banks, we like DCB Bank and buying the 130 Call at around Rs 3.85, stop loss at Rs 2.5 and a target of around Rs 7." "The last in the financial space is Reliance Capital. There we have not seen a position being built; on the contrary when the stock has gone up, positions have been pruned. So, at some point of time this could be a precursor to long positions being built. So, I am buying the 500 Call at around Rs 17, stop loss at Rs 13 and target of around Rs 25."