Buy Hindustan Unilever, Coal India, Tata Elxsi: Yogesh Mehta

Yogesh Mehta of Motilal Oswal told CNBC-TV18, "On a positional basis, we are recommending Hindustan Unilever as a buy; Rs 1,277-1,279 is the current price in future segment and that can be bought with a target of Rs 1,310 keeping a stop loss of Rs 1,260."

"The other one is Coal India which s up by almost 1.7-1.8 percent at around Rs 278-279. Keeping a stop loss of Rs 275, in the near term Rs 275 can be kept and targets could be Rs 285-287."

"Third one is Tata Elxsi. The stock has given a range breakout earlier last week at around Rs 918-920 levels. Keeping a stop loss of Rs 940 one can initiate a buy and target could be in the range of Rs 1,010-1,015," he added.

At 12:27 hrs Hindustan Unilever was quoting at Rs 1,277.30, up Rs 9.45, or 0.75 percent. It has touched an intraday high of Rs 1,280.00 and an intraday low of Rs 1,263.85.

Coal India was quoting at Rs 280.00, up Rs 5.35, or 1.95 percent. It has touched an intraday high of Rs 282.00 and an intraday low of Rs 275.70.