Pretty strong uptrend in Ruchi Soya since August: Deepak Mohoni

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

Ruchi Soya, if you could just tell us the kind of patterns that you are spotting on the charts?

Pretty strong uptrend since the beginning of August and its going up at a pretty good pace, so whenever you catch an up move you get fast returns that is the basic idea here.

Today it has not done very much yet but the session is not over so I would just stay with that stop loss and give the stock a chance to start moving up sooner or later.