Nagarjuna Construction did seem to attract some buying: Deepak Mohoni

Deepak Mohoni, Director, trendwatchindia.com in a chat with ET Now talks about Nagarjuna Construction.

How is Nagarjuna Construction looking?

Nagarjuna is still up 2% but down from the high of the day. These stocks got battered down quite a bit since Diwali but once again - starting Friday and even the rally that took place a couple of weeks back - there seems to be some bottom fishing in all these construction stocks. I would particularly single out Lanco, IVRCL, Nagarjuan, GMR - all of these infrastructure stocks did seem to attract some buyingdid seem to attract some buying. So if an intermediate uptrend they developes, at least in the early stages, we may get something out of these stocks.