Orchid's longer term trend is down: Deepak Mohoni

Deepak Mohoni, Director, trendwatchindia.com in an interview with ET Now talks about Orchid.

What is the call on Orchid?

Orchid went below its last intermediate low. So the longer term trend in Orchid seems to be down. So I would stay clear of it. In fact if the market weakens, it may even be a pretty okay short sale.