Long term uptrend in auto stocks intact: Deepak Mohoni, Director, trendwatchindia.com

Deepak Mohoni, Director, trendwatchindia.com, in a chat with ET Now talks about talks about the auto stocks.

Would you have any picks in the auto pack?

Auto was one of the leaders of this uptrend like banks. Even now I do not think they look weak. Many of them were at 3-4 week lows on Friday but it looks like a small correction whenever they go down and the uptrend - intermediate - and long term is intact. So if the market starts showing signs of rallying again and global markets do not fall then I would bet on good short term trade on autos but they look a little volatile both ways now.