Sandeep Wagle of powermywealth.com told CNBC-TV18, "I would go with a sell in Arvind, stop loss of Rs 400 and target of Rs 389."
"Buy Reliance Infrastructure with a stop loss of Rs 603 and target of Rs 657," he said.
At 11:18 hrs Arvind was quoting at Rs 399.10, down Rs 8.55, or 2.10 percent. It has touched an intraday high of Rs 404.95 and an intraday low of Rs 393.60.
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