Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Buy JSW Steel 205 Call, SAIL 62.5 Call: VK Sharma

16 May, 2017 5:20 AM
26 0

VK Sharma of HDFC Securities told CNBC-TV18, "Fundamentally China will continue to be the driver of these markets and because of its expenditure on roads I think JSW Steel, SAIL and Tata Steel are my picks and they will get further impetus from the fact that anti-dumping duties have been imposed."

He further added, "I am buying the 205 Call in JSW Steel at around Rs 6, stoploss at Rs 4, and target of Rs 10. In Steel Authority of India (SAIL) I am buying the 62.5 Call at Rs 1.5, keeping a stoploss at Re 1, and target of around Rs 2.5."

Source: moneycontrol.com

Share in social networks:

Comments - 0