Buy Power Grid 132.5 Call, says VK Sharma

VK Sharma of HDFC Securities told CNBC-TV18, "My call is buying the 132.5 Call in Power Grid Corporation at around Rs 1.50 with a stoploss at 80 paisa and a target of around Rs 3. You double your investments here.""In case of Power Finance Corporation (PFC) which did well Wednesday in terms of going up in terms of price but open interest was shed, not added. Nevertheless, I am suggesting buying the 230 Call at around Rs 5 stoploss at Rs 3 and a target at around Rs 10," he said.