HDFC looks very good: Mohoni

Excerpts from Closing Bell on CNBC-TV18 Watch the full show » ALSO READ See what other Experts & Brokerages are saying about HDFC See messages about HDFC HDFC BSE | NSE 10/02/12 Are Mutual Funds betting on HDFC?

Technical Analyst, Deepak Mohoni is of the view that Housing Development Finance Corporation , HDFC is looking very good. 

Mohoni told CNBC-TV18, "I would go with index stocks. HDFC looks very good, it's made a bull market high and bit of a surprise. Hindustan Unilever has been creeping up steadily, doesn't fall very much, reason for mixing that kind of a stock is that in case there is something unpleasant in the budget you wouldn't see Lever tanking by 10% which may happen to a lot of stocks."

Disclosure: It is safe to assume that analyst and his clients may have investment in the stocks/sectors discussed.