Continuous buying from the promoter is seen, forming positive divergence, so... if closes in green today, then might see 52 levels in quick time.
SL is 43.5 on closing basis.
Disclaimer:I am NOT SEBI registered, Just trying to learn to predict share price movement. THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL...
ARVIND LONG TERM CALL
BUY BETWEEN 48 - 50 (CMP - 51.50) TARGETS 70 & 82 SL CLOSE BELOW 36.50
(NOTE - THIS CALL WILL NEED A LOT OF PATIENCE SO ONLY PURE LONG TERM TRADERS CAN FOLLOW IT)
Arvind Limited is a textile company. The Company's principal products/services are finished fabrics and garments. Its segments are Textiles; Brands and Retail; Real Estate, and Others. The Textiles segment includes fabric, yarn and garments. The Brands and Retail segment includes retailing of branded garments, apparels and fabrics. The Real Estate segment includes real estate development. The Others segment includes electronics, technical textile, construction, e-commerce and project activity. It also manufactures cotton shirting, denim, knits and bottom weights (Khakis) fabrics, and jeans and shirts garments. The Company, through its subsidiary, Arvind Lifestyle Brands Limited, markets branded apparel and licenses international brands in India. Its brands portfolio includes international brands, such as Arrow, US Polo, Izod, Elle and Cherokee. It also operates MEGAMART apparel value retail stores. It also has presence in telecom business directly and through joint venture companies.
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ARVIND
