Buy DHFL 230 Call, says VK Sharma

VK Sharma of HDFC Securities told CNBC-TV18, "The Reserve Bank of India (RBI) announcement about cheaper loans yesterday was announced in the credit policy but it was rendered effective yesterday, so the market would perhaps take more notice of that. So I am suggesting buying the 230 Call of DHFL at around Rs 5.5 with stop loss at Rs 4 and a target of around Rs 10." "In the series per se, I think 42 percent open interest has been built and the stock has been up 8 percent. It has been doing well and should continue to do well for the rest of the series as well," he said.