Bearish on India Infoline: Deepak Mohoni

Deepak Mohoni, Director, trendwatchindia.com in an interview with ET Now talks about India Infoline.

India Infoline on the charts?

India Infoline is finishing close to the low of the day. I am basically looking at what stocks have been doing since the Sensex made this intermediate top that was on the 14th so we have had 3-4 sessions since then and whatever stocks are falling the fastest are the likeliest to going down that way so these fall in that category. Thus they are towards the low of the day today so they are not really bouncing back today so they are just sort of a continuation of a decline stories.