Buy CESC, M&M may hit Rs 1365: Yogesh Mehta

Yogesh Mehta of Motilal Oswal told CNBC-TV18, "CESC post result has corrected from Rs 630 to Rs 567-569. It is a good opportunity to buy, keeping a stop loss of Rs 560 with a target of Rs 590.""Mahindra & Mahindra (M&M) is showing a strong channel support. It has touched Rs 1,325. Keeping a stop loss of Rs 1,305, one can look at a target of Rs 1,365," he said. "In Coal India, keeping Rs 418 as a stop loss one can look at Rs 437 as a price target."