Indiabulls Finance is a buy: Deepak Mohoni

On the buy side, one can have Indiabulls Finance.

Deepak Mohoni, Director, trendwatchindia.com, in a chat with ET Now talks about Indiabulls Finance.

What is your take on Indiabulls Finance?

The market opened down with a gap, then after that it has not really been falling very much. So even the stocks that would be badly affected by crude oil, have gapped down. So now you cannot really trade them short because they seem to have already done everything they have to overnight.

On the buy side, we have Indiabulls Finance. It is just a continuation of the momentum of the last week. The stock has bounced back pretty well since the market’s bottom a couple of weeks back.a
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