Arvind may slip to Rs 88: Anu Jain

Below Rs 93, Arvind may slip to Rs 88, says Anu Jain, Vice President, IIFL Private Wealth Management.

Jain told CNBC-TV18, "We are not putting out trading calls in Arvind and Alok. Alok Industries is now in between the trading range of Rs 16-18, Rs 17 is halfway so for it to get support there is still another rupee to go down and it to give a breakout there is still another Re 1 to go up."

He further added, "For that matter Arvind is showing a little more traction, that it