Kale Consultants a good bet in long term: Deepak Mohoni

Deepak Mohoni, Director, trendwatchindia.com spoke to ET Now on Kale Consultants.

Kale Consultants, if it not like a day trade but perhaps position, perhaps longer, 15-20 days, how is the pattern?

It has had a very good bull market so far. It has gone up from under Rs 20 to Rs 120, that is six bagger, not too many stocks have done that. So clearly pretty good long term momentum here. Short term trading, it has picked up a lot of volume in April.

So it may even be reasonably okay short term or even a day trade. It is a hold. If somebody wants to buy it as portfolio, wait for a decline because we really have not had a decent market decline for adding to portfolios for quite a while.