Avoid buying Subex and Geodesic stocks: Deepak Mohoni

Deepak Mohoni, Director, trendwatchindia.com, in a chat with ET Now talks about Subex and Geodesic stocks.

Subex and Geodesic on the chart?

Well Subex certainly doesn't look very good. Its tending to slide down towards what is now turning out to be its year's low so that's not very good the trend is clearly down.

It had a good run up until December but after that it has been in a very clear cut down trend so I would probably switch out of this first opportunity and also if he look this a volatile the stock can be on the downside this is something that fell from Rs 800 to Rs 20 so this is a stock that can takeaway gain substantially.

Geodesic also not really a whole lot going on right now in the stock not in a very strong uptrend so I would think twice about Geodesic as well.