Buy Wipro, UPL: VK Sharma

VK Sharma, Head of Business, Private Client Group at HDFC Securities told CNBC-TV18 "I have a buy on Wipro because technically that looked the best among those stocks. In Wipro, I am buying the 490 Call at around Rs 6, keeping a stop loss at Rs 4 and a target of around Rs 11. That is the only stock which has seen an addition of open interest for the series." "The other stock is UPL. I am buying the 700 Call at around Rs 11, stop loss at Rs 8 and a target of around Rs 18. The stock has seen a good amount of open interest," he said.