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    HomeNewsBusinessStocksBuy Oracle Financial Services 3700 Call: VK Sharma

    Buy Oracle Financial Services 3700 Call: VK Sharma

    VK Sharma of HDFC Securities recommends buying Oracle Financial Services 3700 Call.

    September 12, 2014 / 12:12 IST

    VK Sharma of HDFC Securities told CNBC-TV18, "Multinationals across all the industries are doing well and in IT, Oracle Financial Services Software is one stock which is a possible delisting candidate at some point of time but that is not the reason why I am recommending it now."

    "The stock is at a life time high and position that it has added yesterday is 5 percent and more importantly options have now started becoming liquid. So buy 3,700 Call which was available at around Rs 70 with a stoploss of Rs 50 and hope to sell this around Rs 120. The lifetime high process will continue for a while in the current series," he said.

    first published: Sep 12, 2014 12:12 pm

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