Buy Sun Pharma 800 Call, advises VK Sharma

VK Sharma of HDFC Securities told CNBC-TV18, "In Sun Pharmaceutical Industries, I am suggesting buying 800 Call at around Rs 11 keeping a stop loss at Rs 7 with a target around Rs 20. This is a stock has moved up 6 percent in the current settlement although the positions have been trimmed. Therefore, I expect positions to be gradually built in this particular stock."At 11:31 hrs Sun Pharmaceutical Industries was quoting at Rs 792.80, up Rs 8.80, or 1.12 percent. It has touched an intraday high of Rs 796.60 and an intraday low of Rs 789.50.