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Shubham Agarwal on November 16: Buy Asian Paints and sell HPCL

Updated : November 16, 2018 12:03:26 IST

Shubham Agarwal, CEO of Quantsapp Advisory discusses with Prashant Nair and Ekta Batra his analysis on the F&O side of the market as well as specific stocks and sectors.

He also spoke at length on Divi's Laboratories, Asian Paints and HPCL.

Speaking about stocks, Shubham Agarwal said, “First one is a buy on Divi's Laboratories. So, if you look at Divi's Laboratories today after a consolidation it has witnessed some momentum and data is indicating that there are fresh norms that are getting build. Do, we feel that in the coming days we will see a decent move in Divi's Laboratories. Strategy would be to deploy a Bull Call Spread where one has to buy a 1600 Call option and sell 1700 Call option. The target would be Rs 33 and the stop loss has to be maintained at Rs 8.”

Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
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