Markets are not favouring long: Deepak Mohoni
Well keeping the losses limited has been the strategy really. It is not taking short gains because gains are rare, if they come I would rather let them run as much as possible.
Deepak Mohoni, Director, trendwatchindia.com, in a chat with ET Now, talks about his market strategy
You are going in for very tight stop losses is that because of the market flavour right now that there would not be too many volatile moments or take short gains or book shorter losses?
Well keeping the losses limited has been the strategy really. It is not taking short gains because gains are rare, if they come I would rather let them run as much as possible to make up for the short losses but the losses have to be kept down, otherwise the portfolio which just sink very quickly. The markets not favouring longs at all very much and going short after a three-four run down may be that is a little risky right now.
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