Hathway Cable is strong stock; wait for two down days to get into it: Deepak Mohoni

"...for somebody wanting to make a positional trade, it is best to wait for at least 1 or 2 down days and then get into Hathway Cable."

Deepak Mohoni, Director, trendwatchindia.com (Technical Check), in a chat with ET Now, gives his views on Hathway Cable.

ET Now: What is the call on Hathway Cable?

Deepak Mohoni: Hathway Cable is pretty strong stock. It was consolidating at its one year high for the last 5-6 weeks and seems to have begun biggish move again.

However, since it is up 3-4 days in a row, for somebody wanting to make a positional trade, it is best to wait for at least 1 or 2 down days and then get into it.
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