Buy Colgate 980 Call, Marico 310 Call: VK Sharma

VK Sharma, Head of Business-Private Client Group at HDFC Securities told CNBC-TV18, "I am buying 980 Call in Colgate Palmolive (India) at Rs 14, stoploss at Rs 10 and target of Rs 25. In Marico I am buying 310 Call at Rs 3.3, stoploss at Re 1 and target around Rs 7."

"We like Kajaria Ceramics primarily because it has never closed below 20-day moving average since March this year, so it's a good play in terms of stoploss."

"I am looking at a price of Rs 725 in the current series itself although the series will apply from next month but it is also a play in two themes, one is housing for all and second, the goods and services (GST) will also benefit. The fact that 50 percent of the business of ceramics continues to be in the unorganised sector. I think it is a logical play that market share will further increase. The company guided in the last conference call that they are hopeful of a double digit growth as compared to 6 percent growth that they saw last year," he added.