Indiabulls Financial Services in intermediate uptrend: Deepak Mohoni
Stock is still in an intermediate uptrend but the market could very well drag it down if the market continues to decline. It faces probably a larger market risk than its own momentum.
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| Updated: Deepak Mohoni, Director, trendwatchindia.com, talks to ET Now on various stocks.
What is your call on Indiabulls Financial Services?
It has been quite a strong performer during the rally up to Friday and not off to a bad start today. So that stock is still in an intermediate uptrend but the market could very well drag it down if the market continues to decline. It faces probably a larger market risk than its own momentum.
What is your call on Indiabulls Financial Services?
It has been quite a strong performer during the rally up to Friday and not off to a bad start today. So that stock is still in an intermediate uptrend but the market could very well drag it down if the market continues to decline. It faces probably a larger market risk than its own momentum.
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