GAIL is great long-term story: Deepak Mohoni

Anyone of these stocks that you are liking on the charts, GAIL, Corporation Bank, India Cements and UltraTech Cement?

Deepak Mohoni: GAIL has always looked like a good long-term story but it never really comes up for short-term trading, so if you are an investor, you buy GAIL and just keep it under cover for some years, you will always find it keeps giving you good returns year after year, so it remains in that category, nothing has happened to change that. Now cement is making a very interesting move, that has been one of the dormant segments for years now almost, hardly had any rallies.

ACC, Ambuja in particular, ACC has moved up to a 2.5 year high, this is the first time it has gone to a one-year high since the bull market began, so given that there seems to be something happening in cement, not all the stocks, like UltraTech for example is not doing much better than the market but ACC and Ambuja certainly were trading into this rally. Long term, still a little doubtful on how cement would do compared to other sectors but as a short-term trade for this rally like fertilisers, cement is not too far behind.