Hold Petronet LNG for a long term: Deepak Mohoni

Deepak Mohoni, Director, trendwatchindia.com, in a chat with ET Now, shares views on Petronet LNG.

What is the call on Petronet LNG?

The long term trend is very much up. It has been a pretty good performer over the last 4 to 5 months. On short term momentum, occasionally it makes good moves for traders as well. At this moment it is not really taking off like it had done about a month or so back during the previous intermediate uptrend. So perhaps not the best pick for a short term trader but it is looking like a very good stock to hold for the long term.