Don't have Geodesic in my long-term portfolio: Deepak Mohoni

ET Now spoke to Deepak Mohoni, Director, trendwatchindia.com on his views on stocks.

ET Now: For Geodesic, are you doing a day trade or you are trying to buy it for a longer time?

Deepak Mohoni: The longer time would be something like 2 or 3 days or if this global decline is not too persistent, this may be good for a week or 2 as well but I would not put Everonn or Geodesic as something in my long term portfolio.

However, they look fairly good for swing trades, intermediate uptrends, fair amount of momentum in these stocks, volumes have picked up in the last one month. So some segment of the market is very interested in both these stocks and that is showing on the charts.