Wait for Manappuram to dip for any trade in it: Deepak Mohoni

For anyone interested in trading in the stock, its best to wait for a little dip which comes every now and then and then pick it up.

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

ET Now: What is your call on Manappuram Finance?

Deepak Mohoni: Manappuram has made a pretty good move last three days but it was in quite a sharp decline. For anyone interested in trading it, it is best to wait for a little dip which comes every now and then and then pick it up. Otherwise the stop losses are going to be far away right now. So, one will not get a good trade into it. This is the case for all the stocks which have not reacted in the last two or three days and Reliance Capital also falls in that category.
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