Reliance Mediaworks is in intermediate uptrend: Deepak Mohoni

In a chat with ET Now, Deepak Mohoni, Director, trendwatchindia.com shares his views on various stocks.

ET Now: What is your call on Reliance Mediaworks?

Deepak Mohoni: Many of the stocks which got beaten down in the last week or two, are making the strongest come backs and Reliance Mediaworks does fall a bit in that category. It is bouncing back quite nicely. While the intermediate uptrend in the first few days of this kind of run could favour these stocks. However, after that comes the testing time. So that would be the way to treat these stocks.