Hindusthan National Glass in a long term uptrend: Deepak Mohoni

Deepak Mohoni, Director, trendwatchindia.com, in a chat with ET Now talks about Hindusthan National Glass.

What is the call on Hindusthan National Glass?

I do not think it is changing trend or a breakout. But this is actually one of the better performing glass companies, this and La Opala Glass. These are the only 2 in any long term uptrend. All the others have been falling to multi-month lows like so many stocks in the market.

So I would put this stock as a hold. This market - conditions wise - is not a great time to buy but anybody holding the stock can certainly hang onto it for the moment.