Wait for Maytas Infra to fall to about 213-214: Deepak Mohoni

Deepak Mohoni, Director, trendwatchindia.com in an interview with ET Now talks about Maytas Infra.

In terms of the midcap picks, you have a Maytas Infra. What kind of levels and what is the target and the stop loss that you are looking at?

First of all, this is very much a short term trade recommendation, maybe medium term at best. The stop loss is 205, the target was about 217 which is where the stock is, it has gone a couple of percent but after a bit of a dip, you might again get a chance to see the stock rising to about 220-225 thereabouts. So one strategy may be to wait for it to fall to about 213-214 and play it one more time for a Rs 5-6 gain.