Buy Infosys 3500 Call, HCL Tech 1220 Call: Subramanyam

Dec 19, 2013, 02.00 PM IST

Krish Subramanyam of Asit C Mehta Investment recommends buying Infosys 3500 Call and HCL Technologies 1220 Call.

Tags Krish Subramanyam, Asit C Mehta Investment, Infosys, HCL Tech

Like this story, share it with millions of investors on M3

Krish Subramanyam of Asit C Mehta Investment recommends buying Infosys 3500 Call and HCL Technologies 1220 Call.

Like this story, share it with millions of investors on M3

Buy Infosys 3500 Call, HCL Tech 1220 Call: Subramanyam

Krish Subramanyam of Asit C Mehta Investment recommends buying Infosys 3500 Call and HCL Technologies 1220 Call.

. Share . Email . Print . A+A-

Krish Subramanyam of Asit C Mehta Investment told CNBC-TV18, "Along with rest of the tech pack today we are seeing some long built-up in Infosys and accordingly we are bullishly biased. Buy 3500 strike Call at around Rs 35-36 for a possible target of Rs 70-75. Maybe one could keep a stoploss of Rs 15 on the downside."

"Same logic is applied to HCL Technologies in the sense that we are seeing the tech counters positively biased. One could possibly buy a 1220 strike Call at around Rs 22 for a possible target of Rs 40-42 and one could keep a stoploss of Rs 9," he said.

Disclosure: He has recommended the strategies to his clients.

Bergaya Sehat