Buy Infosys 3450 call; sell 3500 call: Bhavin Desai

Dec 13, 2013, 02.26 PM IST

Bhavin Desai of Motilal Oswal Securities recommends buying Infosys 3450 call and advises selling 3500 call.

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Buy Infosys 3450 call; sell 3500 call: Bhavin Desai

Bhavin Desai of Motilal Oswal Securities recommends buying Infosys 3450 call and advises selling 3500 call.

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Buy Infosys 3450 call; sell 3500 call: Bhavin Desai

Bhavin Desai of Motilal Oswal Securities recommends buying Infosys 3450 call and advises selling 3500 call.

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Bhavin Desai of Motilal Oswal Securities told CNBC-TV18, "After a long time Infosys which has been more or less neutral has started seeing some amount of incremental open interest. So some interest in the IT space is seen and if one would have seen the IT pack especially Infosys it has been holding up, not moving down despite the fall in the market."

"One may go long in 3450 Call and simultaneous tale short position in 3500 Call. About Rs 1200-1300 worth of absolute stoploss can be kept and profit of about Rs 3500 on the target side can be looked at," he said.

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