Bearish on Tata Motors, buy Jubilant Foodworks: Expert
Nandish Patel, Senior Manager - Derivatives Strategist at Sharekhan and Dipesh Mehta, Derivatives Analyst at Nirmal Bang Securities discuss the futures and options market. Dipesh Mehta is optimistic on a further up move by the Nifty and therefore recommends an out of the money bull call spread between 5500 and 5600. Meanwhile, Nandish Patel is bearish on Tata motors and advises investors to buy Jubilant foodworks for a target of Rs 1320.
