EdServ, Aptech better for short term trading: Deepak Mohoni
ET Now spoke to Deepak Mohoni, Director, trendwatchindia.com, on his views on stocks.
ET Now: On the charts, the likes of Core Projects, Aptech or even the smaller ones like EdServ have been doing fairly well. Can they continue?
Deepak Mohoni: Today EdServ has actually been quite strong compared to Educomp, which had fallen below 700 recently and gone to a several month low.
EdServ is quite close to its current bull market high which is just little bit lower 300 so even within this pack you got a little bit of a differentiation in how the stocks have behaved.
Aptech has shown already in the last few months quite a bit of downside volatility, so you have a pretty large sort of a variation and now these stocks are moving. Overall because a lot of these stocks fell to 5-6 months lows recently, I would be more interested in trading them short term than longer term.
Download ET Markets APP