Bajaj Corp in a fairly stable uptrend: Deepak Mohoni, Director, trendwatchindia.com

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

ET Now: What is the call on Bajaj Corp or Bajaj Hindusthan?

Deepak Mohoni: They are diametrically opposite. Bajaj Corp is fairly stable, steady stock, no sharp moves and added direction. It is now in a fairly stable uptrend. Whereas, Bajaj Hindusthan, as we know, with all the sugar stocks can be fairly jumpy. At the moment, for investment purposes Bajaj Corp is therefore clearly a stock one would want to hold. But, for trading Bajaj Hindusthan because it would be making sharp moves and added direction. Right now, perhaps a little bit of sugar rally could build up over the next day or 2 if the market sustains this move.