Buy Infosys 3500 Call, HCL Tech 1220 Call: Subramanyam

Krish Subramanyam of Asit C Mehta Investment told CNBC-TV18, "Along with rest of the tech pack today we are seeing some long built-up in Infosys and accordingly we are bullishly biased. Buy 3500 strike Call at around Rs 35-36 for a possible target of Rs 70-75. Maybe one could keep a stoploss of Rs 15 on the downside."

"Same logic is applied to HCL Technologies in the sense that we are seeing the tech counters positively biased. One could possibly buy a 1220 strike Call at around Rs 22 for a possible target of Rs 40-42 and one could keep a stoploss of Rs 9," he said.

Disclosure: He has recommended the strategies to his clients.