Rahul Mohindar of Viratechindia is of the view that one can hold rail stocks at this level.

Mohindar told CNBC-TV18, "I don’t think one needs to rush in and book profits in rail stocks. These stocks have been on a bullish run and technically they are good for another 10-12%, so probably the short term flavor and fillip could be there, so hang in and that is probably a time you want to not look at a fresh investment into these. They have run up too much in too little time and they are pretty much at a fair level technically."