VK Sharma F&O Calls: BUY Adani Ports, Hindalco Industries, Max Financial and Wipro
VK Sharma from HDFC Securities has suggested four trading ideas with Call Options for short term traders. Indian markets are trading at their all-time highs for major indices and many blue-chip stocks. With bullish market sentiment, majority of market analysts are suggesting BUY Calls. VK Sharma has also suggested Call Options for short term traders.
Sharma has suggested BUY for 760 September Call for Adani Ports and SEZ at Rs 29 with a stop loss at Rs 24 for a target of Rs 40.
Hindalco is looking strong on the technical charts. Traders can BUY 470 September Call in Hindalco Industries at Rs 14 with a stop loss at Rs 11 for a target of Rs 20, as per Sharma.
Traders can Buy 1,100 September Call for Max Financial Services at Rs 41 with a stop loss at Rs 34 for a target of Rs 55, as per Sharma.
Wipro can offer decent gains in the coming trading days. Traders can BUY September 650 Call in technology major Wipro at Rs 15 with a stop loss at Rs 12 for a target of Rs 22, as per VK Sharma.
All trades should be carried out with strict Stop Loss. In case the trade doesn’t happen as per expectations, it is good to exit the trade if the call is in profit. TopNews will review performance of trading calls by the end of the trading session.