Britannia a good stock to hold: Deepak Mohoni

Deepak Mohoni, Director, trendwatchindia.com, in a chat with ET Now talks about Britannia and Gillete.

What is your call on Britannia and Gillette technically?

These are both stocks which are quite similar. They go up over a sort of a secular time frame, give you good returns do not fall very much. Six per cent is a little too spectacular perhaps for a single day but you do get these moves happening. You cannot expect them with absolute regularity but they are good holds.

I would not trade them but if somebody has them in the portfolio, it is certainly good to hang on to these stocks. These are sort of 10 year hold stocks. They do not really let you down but they will be usually underperformers against the market leaders during the bull markets but they give good returns because they do not fall in bear markets.