HomeNewsBusinessStocksBuy Sun Pharma 980 Call, RComm 55 Call: VK Sharma

Buy Sun Pharma 980 Call, RComm 55 Call: VK Sharma

VK Sharma of HDFC Securities recommends buying Sun Pharma 980 Call and Reliance Communications 55 Call.

February 26, 2016 / 10:39 IST
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VK Sharma of HDFC Securities told CNBC-TV18, "Sun Pharmaceutical Industries is one of those strongest stock in the Nifty and also which is above the 5-day, 20-day and the 200-day moving averages. So, it is one of those rarest of that stock which is now currently doing well. I am suggesting to buy the 980 Call at around Rs 24, stop loss at Rs 18 with a target of around Rs 35." "Reliance Communications on the other hand has done consecutively well for past many days. I am suggesting to buy the 55 Call at Rs 3.8 with stop loss at Rs 3 and target of around Rs 6 in the series," he said."Even if somebody wants to trade, one can buy the 1,200 Put of ACC at around Rs 32. Yesterday, it closed around Rs 40. If it comes to around Rs 32 you can buy that with stop loss at Rs 24 and a target of around Rs 54."

first published: Feb 26, 2016 10:36 am

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