Buy Federal Bank 55 Call, M&M Financial 320 Call: VK Sharma

VK Sharma of HDFC Securities told CNBC-TV18, "While I have picked two stocks which have not done well in the last settlement, I think you should carry on with your longs in which they are doing well. So, Federal Bank and Mahindra and Mahindra Financial Services auger well. In Federal Bank, I am buying the 55 Call at around Rs 1.75 keeping a stop loss at around Re 1 with a target of around Rs 3.""In Mahindra and Mahindra Financial, I am buying the 320 Call at around Rs 13, stop loss at Rs 9 and target of Rs 20. When the new high is made, those are the stocks where the potential of making further highs still exist," he added.