Outlook for VIP Industries looks good: Deepak Mohoni

Deepak Mohoni, Director, trendwatchindia.com in an interview with ET Now discusses VIP Industries, Gruh Finance, Take Solutions and Banco Products.

Three stocks for you, VIP Industries, Gruh Finance, Take Solutions, probably even a Prime Focus out there, what do you like?

VIP is in an extremely strong rally, it has been that way now for almost the entire bull market and particularly so the last few weeks, so this is a persistent rally, not been falling very much. While this uptrend lasts, intermediate uptrend that is, the last three weeks may be sideways but the intermediate trend is still up. While that is on, the outlook looks pretty good for VIP Industries certainly.

As far as the others are concerned, Banco Products, that’s also had a rather strong bull market. It has given back a little bit of the gains last 3-4 days but otherwise if you look at it, it has gone way above its 2008 peak, it has rallied from something as low as Rs. 15 up to 125, so that’s practically up 7-8 times, so this is also in a very strong bull market and it may just come out of this 3-4 day correction as well.