Andhra Bank and Patni Computers are BTST idea: Deepak Mohoni, trendwatchindia.com

Deepak Mohoni, Director, trendwatchindia.com, in a chat with ET Now talks about his ‘buy today sell tomorrow’ idea.

Could you come out with a ‘sell today buy tomorrow’ idea or a ‘buy today sell tomorrow’ idea?

Well, I will stick with the same two stocks, Andhra Bank and Patni Computers. Andhra Bank - though I would say is typical of several other banks - you could buy overnight. If you are looking for something under Rs 100, Vijaya Bank fits the bill, very similar finish in a lot of banks. They are closing towards the high and chances are that if they are going to do well, they are all going to do well tomorrow.

What does one do with a UCO Bank or a Dena Bank, 5% or thereabouts in trade, good momentum?

UCO Bank in particular, that has been making strong moves as well. So I would say it is UCO Bank, Dena Bank, all these banks or thereabout 10-12 of them finishing quite strong today, very similar moves. It would not matter too much, which one you pick. Either they all reverse tomorrow or they all do well tomorrow depending on how Europe and US pan out now in the next few hours.