Buy Nucleus Software on past 90 dips: Deepak Mohoni

What is the call on Nucleus Software?

Deepak Mohoni: The stock was running sideways for the last one month between Rs 80 and Rs 90. Now today’s price brings it pretty close to that Rs 90 band. That would be a breakout of sorts and a possible up move. It was pretty strong for a very short time. It went from 73 to 120, that is nearly a 40% return but it did that all within span of hardly 1.5 months. So that was a pretty promising move there. So it has a potential of making strong moves. That leftover volatility may be there. So look for a breakout past 90, buy it on the first dip after that breakout and then there may be some rally from thereon.