Buy Bajaj Auto, Sun Pharma: Yogesh Mehta

Yogesh Mehta of Motilal Oswal Securities told CNBC-TV18, "On the technical side, Bajaj Auto has shown very good strength while the pullback rally has happened from 6,900-7,200. The level of Rs 2,360-2,380 is the strong resistance level till now. One can buy this stock with a stop loss of Rs 2,380 for a target of Rs 2,530." "Sun Pharma, after a long consolidation in last 10 sessions, Rs 865 was the major barrier level which it has crossed. So, temporary uptake can be seen here. We can look at Rs 920 as a target keeping stop loss around Rs 875," he added."On this capital good segment, post the result and the announcement, Crompton Greaves is in the negative limelight. The level of Rs 139-140 is a strong resistance zone. Keeping Rs 140 as stop loss one can look at target of Rs 120-125."