Buy Oracle Financial Services 3700 Call: VK Sharma

VK Sharma of HDFC Securities recommends buying Oracle Financial Services 3700 Call.

VK Sharma of HDFC Securities told CNBC-TV18, "Multinationals across all the industries are doing well and in IT, Oracle Financial Services Software  is one stock which is a possible delisting candidate at some point of time but that is not the reason why I am recommending it now."

"The stock is at a life time high and position that it has added yesterday is 5 percent and more importantly options have now started becoming liquid. So buy 3,700 Call which was available at around Rs 70 with a stoploss of Rs 50 and hope to sell this around Rs 120. The
lifetime high process will continue for a while in the current series," he said.

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