Buy Aegis Logistics at least for the moment: Deepak Mohoni
It did well yesterday when the market was not doing all that well, so I think there is some buying interest here.
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| Deepak Mohoni, Director, trendwatchindia.com, in a chat with ET Now talks about Aegis Logistics.
Aegis Logistics up by about 1.5% in today’s trade, what direction do you estimate it will take?
Its in a pretty decent uptrend for quite a while. Has had a fairly good bull market so the direction would be up here and I just watch the stop loss it has got a fair amount of momentum. It did well yesterday when the market was not doing all that well, so I think there is some buying interest here. It is also seeing a little higher volumes than usual in the last 3-4 months, so all in all it's a good stock to ride along with at least for the moment.
Aegis Logistics up by about 1.5% in today’s trade, what direction do you estimate it will take?
Its in a pretty decent uptrend for quite a while. Has had a fairly good bull market so the direction would be up here and I just watch the stop loss it has got a fair amount of momentum. It did well yesterday when the market was not doing all that well, so I think there is some buying interest here. It is also seeing a little higher volumes than usual in the last 3-4 months, so all in all it's a good stock to ride along with at least for the moment.
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