Go short and long on Jaiprakash Associates: Deepak Mohoni

In a chat with ET Now, Deepak Mohoni, Director, trendwatchindia.com, shares his views on various stocks.

ET Now: What is your call on Jaiprakash Associates?

Deepak Mohoni: I would trade Jaiprakash Associates short and long. This is not one stocks that has participated in this rally. Today it is at a bear market low again. So, this is completely out of the rally. There are a handful of stocks, which are out of this rally. This stock is one of them and not what one would look to buy on a dip.