Won’t buy Shilpa Medicare: Deepak Mohoni

Deepak Mohoni, Director, trendwatchindia.com, in a chat with ET Now talks about Shilpa Medicare.

What’s your call on either one of these stocks Shilpa Medicare in specific? Have you seen the charts out there yesterday? Do you think there is room to go for more?

This has been on a roll recently, it has been in a pretty good uptrend throughout the bull market still going up. I think a bit of an unknown quantity as far as the stock goes good volume though in the last couple of days. So if somebody happens to be sitting on it, terrific. Hold on to it. Good long uptrend but I don’t think at this stage of the market I would buy into the stock right now.