Buy L&T 1140 Call, Infosys 1200 Call: VK Sharma

VK Sharma of HDFC Securities told CNBC-TV18, "In Larsen & Toubro (L&T) although the open interest was not added, the stock went up by around 2 percent. This was taking a cue from the other MNCs which were doing well in the capital good space. So I am suggesting to buy 1,140 Call at around Rs 30, stop loss is Rs 24 and a possible target of around Rs 45.""In Infosys, although the NASSCOM has lowered its growth rate, we believe that the stock will do better. Therefore, yesterday also despite the news came in during market hours, I am suggesting to buy 1,200 Call at around Rs 18, keep stop loss at Rs 12 and a possible target of around Rs 30 in it," he said."JSW Steel is one stock, which is relatively held up in the space and I believe that there is more room to go. So I am suggesting to buy 1,020 Call at around Rs 37, stop loss at Rs 30 and a possible target of around Rs 50.""For Federal Bank, I am suggesting to buy 45 Put at Rs 1.5 with a possible target of around Rs 3 but if you want to trade them then you put a stop loss at Re 1.""In IDBI Bank, the suggestion is to buy 55 Put at Rs 4.5, stop loss at Rs 3.5 and target of around Rs 7.