Buy Cummins India, UPL: VK Sharma

VK Sharma, Head Private Broking & Wealth Management at HDFC Securities told CNBC-TV18, "For Cummins India, during the series, the positions were pruned and yesterday we saw the positions being built on the longer side but the stock had run up 3 percent. So, I am suggesting buying 880 Call around Rs 7. Yesterday it closed around Rs 9, so Rs 2 lower is where you buy, keep stop loss at Rs 4 with a target around Rs 14.""UPL is a buy in which you saw positions being built and the stock price also going up. This is in contrast to the overall positions which were pruned in the whole series. So, I am buying 560 Call and selling 580 Call. So, its bull essentially with cost coming to Rs 5 and maximum possible profit is around Rs 15," he said.