• Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead Realasset Realasset
moneycontrol.com

Home » News » Stocks Views

Apr 30, 2012, 06.20 PM | Source: CNBC-TV18

Buy Arvind, says Hemant Thukral

Buy Arvind, says Hemant Thukral, National Head-Derivative Desk, Aditya Birla Money.

Like this story, share it with millions of investors on M3

Buy Arvind, says Hemant Thukral

Buy Arvind, says Hemant Thukral, National Head-Derivative Desk, Aditya Birla Money.

Post Your Comments

Share Cancel

Hemant Thukral (more)

National Head- Derivative Desk, | Capital Expertise: F&O

Buy Arvind , says Hemant Thukral, National Head-Derivative Desk, Aditya Birla Money.

Thukral told CNBC-TV18, "Arvind has seen lot of long open interest being built up, so definitely some buying coming in. Importantly, it has closed above Rs 83-84 mark, which was acting as a stiff resistance for it. So for me till it holds above Rs 82.50, that’s the stoploss one should keep, there are chances that stock can outperform its peers and can move up towards Rs 88-89. So I think one should buy Arvind at every dip now."

The company touched its 52-week high Rs 111.15 and 52-week low Rs 61.90 on 01 Nov, 2011 and 19 Aug, 2011, respectively. Currently, it is trading -22.36% below its 52-week high and 39.42% above its 52-week low. Market capitalisation stands at Rs 2,226.91 crore.

Ads by Google

Buy, Hold, Sell ? Hear it first on M3
Buy Arvind, says Hemant Thukral

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login