Avoid real estate & construction: Deepak Mohoni
Real estate stocks have fallen to 3 month-4 months lows and look avoidable.
Deepak Mohoni: Real estate. Certainly many of those stocks have fallen to 3 month-4 months lows those look avoidable. Lot of the construction stocks look pretty weak IVRCL, Nagarjuna so I think those two sectors look the most vulnerable I think better to stay out of fertilizers and sugar also though conditions may change for them so basically just stick to the straight and narrow very well established fundamental stocks leaders in their sectors I think its come down to may be 25% of the market or even less 15%-20% of the market.
What would be your one top trade for tomorrow morning?
Deepak Mohoni: I think I would look at the banks which have done well today Syndicate and Vijaya they have had pretty good move so I think those 2 would be I mean if any of them open stronger I would go with one of those.
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