Buy Arvind, says Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one can buy Arvind.

Sukhani told CNBC-TV18, "Arvind has a very good chart. It had a rally and then a very decent correction. All good stocks correct, so we should not be afraid of a correction. That correction seems to be over."
He further added, "It has found support at Rs 85-90 zone. It has also created something that we call long shadows which means it went and made a foray towards lower prices and then immediately bounced back. That is good news for the bulls. It is a buying opportunity not only for day traders but probably for position traders also." Disclosure: I have no holdings or interest in the above stock.