Buy Kotak Mahindra Bank, JSW Steel, ICICI Bank: Yogesh Mehta

Yogesh Mehta of Motilal Oswal Securities told CNBC-TV18, "We recommending Kotak Mahindra Bank to buy. Current rate is Rs 975-977, keeping Rs 955 as a stop loss, one can look at Rs 1,020 as a price target. Chart pattern is showing that bullish 'Harami' candle has been made and that shows confidence of going further high from this level."

"Another one is into metal sector which is JSW Steel wherein current price is Rs 215-217 level. Keeping a stop loss of Rs 209-208 level, one can look at a price target of Rs 227," he said.

"ICICI Bank has been consolidating between Rs 290 and Rs 300 levels since last one week and it has closed above the high level at Rs 299 on Friday. So, from here, we can look at Rs 315-320 kind of a price target, keeping Rs 290 as the stop loss," he added.