Arvind may move up to Rs 330: Bhavin Desai

Bhavin Desai of Motilal Oswal Securities told CNBC-TV18, "In Arvind a couple of days back, we saw piercing formation and yesterday the pattern weathered the entire fall and still is valid. So, going by that argument, we still believe that this entire setup is yet valid and chances are that if it materialises, we might actually see Arvind going all the way up to Rs 330; keeping stoploss closer to Rs 300."At 09:53 hrs Arvind was quoting at Rs 316.25, up Rs 11.60, or 3.81 percent on the BSE.