Short Arvind, says Vishal Kshatriya

Short Arvind, says Vishal Kshatriya, Edelweiss.

Kshatriya told CNBC-TV18, "Short Arvind. It has been in uptrend since beginning of this week. I believe the positive momentum in the counter is overdone and the stock is due for profit booking. This is further justified by sell signals generated by oscillators. Target is of Rs 68.5 and stop loss at 77.5."