Sell TCS 2300 Calls: Amit Trivedi

Amit Trivedi, co-founder of Investworks.in told CNBC-TV18, "Just after numbers, Tata Consultancy Services (TCS) has been quite volatile. From Rs 2,300, it is now down to about Rs 2,150 kind of levels. We think the stock or sector should mildly underperform the broader markets. We don’t think a rally should come in the sector per se."

"We are recommending traders can sell 2,300 strike Calls of TCS as we think one will get around Rs 3-4 of premium inflow in this particular strategy and given around 10 days of this particular month, we don’t think there is much for this particular space," he said.