Buy BPCL 680 Call, IGL 870 Call: VK Sharma

VK Sharma of HDFC Securities told CNBC-TV18, "I am buying 680 Call of BPCL at a price of around Rs 14. Yesterday it closed around Rs 16; since it had run up yesterday, I am wanting to buy at slightly lower. Keep a stop loss at Rs 10 and target at around Rs 20.""Another stock to be watched would be Castrol India although it is not a strategy but perhaps BPCL has got some permission to put a petrol pumps and usually it sets up in the names of Castrol. So, it is not a strategy though individual investors can look at that," he said. "IGL has build up 12 percent open interest. Yesterday, also it went up by 4 percent, so the going can be good. I am buying the 870 Call at around Rs 22 with stop loss at Rs 16 and a target around Rs 35."