The latest analysis and commentary by stock market guru Krish Subramanyam of Altamount Capital on what is moving the markets today.
He also spoke at length on Larsen & Toubro (L&T) & Lupin.
“Stock specific buy 1,440 Strike Call of Larsen & Toubro. Larsen is one of the real outperformers in the Nifty and along with ICIC Bank and chances are high that it will head higher. One could possibly buy a 1,440 Strike Call that is quoting at around Rs 40 keeping a target at Rs 60 and recommend a stop loss of Rs 30. Buy 840 Strike Put in Lupin. Lupin has not exactly been in the best of form. One could possibly buy an 840 Strike Put that is quoting at around Rs 22 keeping a target at Rs 38 and keep a stop loss of Rs 10.”Disclaimer
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