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Buy SBI 305 Call, India Cements 120 Call: VK Sharma

According to VK Sharma of HDFC Securities, one may buy State Bank of India 305 Call.

May 16, 2017 / 11:01 IST

VK Sharma of HDFC Securities told CNBC-TV18, "State Bank of India (SBI), although for the series it has not done anything well, total open interest (OI) added was just 2 percent. However, still I am buying the 305 Call at Rs 6, stoploss at Rs 4 and target of around Rs 11."

"The other two stocks are, India Cements, it is a consensus buy now at this point of time. I am buying the 220 Call at Rs 7.5, stoploss at Rs 5 and a target of around Rs 12. In case of Sintex Industries, I am buying the 120 Call at Rs 1.9, stoploss at Rs 1.4, and a target of Rs 3.5," he added.

first published: May 16, 2017 10:39 am

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