Buy Bata 530 Call, DHFL 185 Put, Voltas 270 Put: VK Sharma

VK Sharma of HDFC Securities told CNBC-TV18, "I am buying Shriram Transport Finance Corporation Futures at Rs 950, stop loss at 935, target around 975. I would have usually bought Calls here but the Calls are not very liquid. So, if you do not want to dabble in Futures, want to look at only calls then wait for a price of Rs 20 to come for 980 Call. If you get that price at that cost then it will be worthwhile. Keep a stop loss at Rs 10 there and gun for a price around Rs 30 premium for 980 Call." "Bata India is one stock where we have seen position being added to the extent of 27 percent in the current series although no positions were build yesterday but we have seen high addition in the overall series. I am suggesting buying 530 Call around Rs 13, keep a stop loss at Rs 9 and wait for a target around Rs 20," he said. "We have seen small position being built in Dewan Housing Finance Corporation on the short side; the stock went down around 3 percent. I am suggesting buying 185 Put around 4.5, stop loss at 3 with a target around 8.""Voltas has seen a resistance coming up. On April 1 and April 4 it has come down from 200-day moving average, the stock has not been able to cross, so I am suggesting buying 270 Put around 10, stop loss at 7 and a target around 15. The stock should see support Rs 7 or Rs 8 lower than this," he added."I am suggesting buying 102.5 Call in NMDC around Rs 3, stop loss at Rs 2 and target around Rs 5.5. There is a trend which is changing here and after two years the company has been able to close above the 200-day moving average, so one should see a trend change for the entire industry.""Those who don't have Tata Motors can buy 280 Call in Tata Motors DVR at 9, stop loss at 6 and target around 15. Those holding Tata Motors - remember when Tata Motors DVR was included in Nifty the discount was 24 percent to the main stock. Today the discount is 26 percent. If you were to switch a part of your holding in Tata Motors DVR from Tata Motors, it makes sense provided you are a long-term investor," he said.