Kingfisher Airlines has picked a little momentum: Deepak Mohoni, trendwatchindia.com

Deepak Mohoni, Director, trendwatchindia.com, in a chat with ET Now talks about Kingfisher Airlines.

You are bullish on Kingfisher Airlines. Is there any specific reason for that and in what direction do you see this stock going and moving forward?

It is a short to medium term call. I would say not even short term trade really, just a little bit of momentum that the stock has picked up of late and it’s playing that. It could be good for even 10%-15% if the market uptrend lasts. We are up against the market really rather than the stock itself. So that’s the way to play it and keep a stop loss on those.