Buy Dish TV, Yes Bank, Colgate Palmolive: Yogesh Mehta

Yogesh Mehta of Motilal Oswal told CNBC-TV18, "Stock specific, quite a few opportunities are there on the long side rather than going short. So, we are recommending a buy on Dish TV which is quoting at around Rs 81 in the future right now; Rs 72 was the low earlier in the last week of June it made and now we think that bounce back is on the cards. Rs 86-87 levels could be seen."

"Another one is Yes Bank. We have seen quite a long haul kind of a pattern and it went down to Rs 1,400. Considering Rs 1,485-1,490 as a strong support level, one can look at buying this in future position and looking at Rs 1,535-1,540 levels as a short-term trade."

"The third one we are looking at Colgate Palmolive which has crossed all time high now and quoting at Rs 1,120 in the future segment. One can look at Rs 1,095 as stop loss for a positional trade and Rs 1,170-1,180 would be the price target for Colgate future trade," he said.