Positive on Lanco Infra and GMR Infra: Deepak Mohoni

In a chat with ET Now, Deepak Mohoni, Director, trendwatchindia.com, shares his investment ideas.

Have you looked at the charts of Lanco and GMR?

Lanco is fairly typical of what a lot of the sector stocks did — they crashed very quickly until the beginning of February, bounced back sharply and went sideways and at various different times, started their individual moves. Lanco currently holds the momentum key. If you are trading short term looking for where are the moves happening in the last week or two, then Lanco is the preferred one.

GMR, which had started the move earlier, is still very quiet. It has not really resumed its move. You got a bit of a mix over there but this sector is also catching up, so we will find gains there as time goes on.