Sell Arvind below Rs 69; target Rs 60: Bothra

Sell Arvind below Rs 69 for target of Rs 60, says Kunal Bothra, Sr Technical Analyst, LKP.

Bothra told CNBC-TV18, "There is a clear sell call on Arvind below Rs 69 levels. I am looking at a target of Rs 60 on the stock. It’s a big target for this expiry itself and keeping a stop loss of Rs 75." He further added, "From a medium-term perspective (5-7 day) Polaris Financial Technology is a stock in which I am looking at a long on above Rs 120, keeping a target of Rs 130 and a stop loss of Rs 115. Disclosure: I don’t have any personal holdings in any of the stocks discussed, but at LKP, we keeping recommending same to our clients.