Yogesh Mehta of Motilal Oswal recommends buying Bharat Forge, Vedanta and Hexaware Technologies.
Yogesh Mehta of Motilal Oswal told CNBC-TV18, "We are recommending Bharat Forge in the auto and defence segment. Rs 748 is the rate in future segment we are looking at. Rs 780 as a price target, keeping a stop loss of Rs 730 in future segment."
"Other one is Vedanta consolidating between Rs 347 to 330 level. Yesterday it broke out of the range and today corrected again. Keeping a stop loss of Rs 339.5 in February future segment, one can look at target of Rs 365.""Third one is Hexaware Technologies in IT pack where all the IT stocks are moving, so it can be considered for buying from here at Rs 382 in February segment keeping a small stop loss of Rs 377 and target could be in the range of Rs 393-395 levels," he added.