Buy PFC 185 Call, UPL 520 Call, Granules 140 Call: VK Sharma

VK Sharma of HDFC Securities told CNBC-TV18, "In Power Finance Corporation (PFC), we have seen an open interest build to the extent of 18 percent; yesterday the price went up marginally. In the last series it was up 6 percent, so my suggestion here is to buy the 185 Call at around Rs 5. It had closed yesterday at around Rs 6.1. Though it should be available slightly lower, you can buy that. Keep a stop loss at Rs 3 with a target of around Rs 10.""UPL has results coming up today, so I am buying the 520 Call at around Rs 20. Yesterday, it closed at around Rs 25. Should it be available Rs 5 lower, I will buy that. Keep a stop loss at Rs 16 and a possible target of around Rs 30," he said."Granules India's results were good, although the price was almost flat at 0.3 percent yesterday there was no addition to open interest essentially because there was a good amount of carry over. So, the rollover in last series was 89 percent as compared to 85 percent. So, there was good rollover despite a 11 percent rise in the price during the past settlement. There will be some profit taking happening but I will still buy the 140 Call at around Rs 4 with stop loss at Rs 2 and target of around Rs 8."