Sell Nalco: Deepak Mohoni

It has continued falling for a while, oblivious of the market rally. So Nalco looks like a good short sale.

ET Now spoke to Deepak Mohoni, Director, trendwatchindia.com, on his stock recommendations.

What are the stocks that you are recommending today?

Today may not be such a brilliant day for trading. Two-way swings like yesterday would stop out most things but on the short side, there's Nalco, which has been surprisingly weak since split. Sometimes there is a little bit of profit booking but this has persisted. It has continued falling for a while, oblivious of the market rally. So Nalco looks like a good short sale.
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