ONGC looks good: Mohindar

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

Rahul Mohindar of Viratechindia is of the view that Oil and Natural Gas Corporation , ONGC looks good in the frontliners.

Mohindar told CNBC-TV18, "There are a couple of stocks which look good, in the frontliners, something like ONGC looks good to me, some in midcap like Cairn India , Rolta , these are some stocks which I probably would like to roll on home."

He further added, "On the Nifty side, we have had quite a stretched move over the last 4-5 days, so somewhere a breather could come in so probably atleast I would exit 75% of my Nifty longs and look at a re-entry somewhere lower down wherever we get that breather."