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04 Dec 2016 | 5:47 PM
Research Report
Weekly

Equity Research Report: Master Pick-Arvind Ltd

Arvind Ltd is the largest cotton textiles manufacturer and exporter in India. They are the leading player in the branded garments in the domestic market. The company's principal business consists of manufacturing and marketing of Denim Fabric, Shirting Fabric, Shrits, Knitted Fabric and Garments.
13 May 2016 | 06:00 PM

Arvind has been consolidating within 235-330 level for last one and half year and currently trading closer to upper band of the range. Its present chart structure alongside with   confirmation indicators pointing towards strong possibility of upside breakout in near future. Traders shouldn’t miss this opportunity to accumulate and go long in the given range of 295-301 with close below stop loss of 275 for the target of 360.

 

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