SAIL purely an intraday buy

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

What is your call on SAIL?

SAIL is a purely an intraday play. It has not really shown much strength over the last month or week or any other time period but today intraday it is looking pretty good. It is near about the high of the day while index is at the low of the day. Also it has made this move after being in a fairly narrow range on Friday so that is a fairly good set up for trading.