Buy BPCL 880 call, advises Rahul Shah

Rahul Shah of Motilal Oswal told CNBC-TV18, "We have seen lot of unwinding happening and obviously because of the markets I think that again oil & gas sector which was in momentum should come back again into momentum. Buy Bharat Petroleum Corporation (BPCL) Call of 880 which is what we are recommending at current level. It can go to Rs 40 and keep a stop loss of Rs 18."At 15:07 hrs Bharat Petroleum Corporation was quoting at Rs 879.60, up Rs 41.70, or 4.98 percent. It has touched an intraday high of Rs 880.45 and an intraday low of Rs 848.30.