Buy Hero Honda: Deepak Mohoni

"The buys are Hero Honda and Sabero Organics but it was based on the price at 10. So Sabero has taken off a bit, bit late to get in now."

Deepak Mohoni, Director, trendwatchindia.com in an interview with ET Now talks about his trading ideas.

What are the stocks that you are recommending to our viewers today?

Got 2 buys, 2 short sales. The buys are Hero Honda and Sabero Organics but it was based on the price at 10. So Sabero has taken off a bit, bit late to get in now. On the short side, Bajaj Hindustan, Escorts but I would put on the brakes right now in going short.

The market is looking reasonably promising. If at some point of the time in the day we see the Nifty Futures falling below say 5390 or so, that might be a good time to start going short but the last half an hour has not been bad for the market. So I would wait for an intraday change of trend if it happens.
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