Hangover from last week's selling: Deepak Mohoni

Deepak Mohoni, Director, trendwatchindia.com, in a chat with ET Now, gives his market strategy


Do you think intraday shorts would now probably earn more rewards than intraday longs?

We cannot yet rule out the market bottoming out after all the indices are in positive territory at the moment. There is still quite a hangover form the last weeks selling so once that overhang has been absorbed than we could see some recovery but yes intraday one should have one or two short trade certainly.