VK Sharma of HDFC Securities told CNBC-TV18, "Ranbaxy Laboratories is available at 4 percent discount. However, for traders with 740 Call at Rs 29 and stoploss at Rs 24, one can make Rs 10-11 in this stock by selling at Rs 40."
"I own Lupin and I am recommending 1,600 Call in it at around Rs 40, stoploss at Rs 30 and hope to sell it around Rs 60 in the current settlement," he said.
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