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HDFC looks very good: Mohoni
Published on Fri, Jul 03, 2009 at 16:55   |  Updated at Fri, Jul 03, 2009 at 20:13  |  Source : CNBC-TV18

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.

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