Arvind Limited stock is trading at 368 with gain over 5% in intraday. The stock is in an uptrend and after achieving 354 targets yesterday stock is heading for next target which is at 374. We are seeing strong gains today on strong volumes. On downside 354 and 340 are short term support zones as well as stop loss level for long traders.
Stock above 374 will enter the super bullish zone for targets 397 and 416. On downside 330 is major support and reversal from 374 means target of 330 on the downside in short to medium terms. Long future traders keep their target at 374-375 with trailing stop loss. Option traders watch ARVIND 370 call options which are rallied from a low of 2.5 to high near 9 rupees!
Arvind Limited stock weekly charts suggesting this fresh move which was started at 290 bottoms has its target at 400 rupee level.
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