HomeNewsBusinessStocksArvind may test Rs 262-272: Mithil Pradhan

Arvind may test Rs 262-272: Mithil Pradhan

According to Mithil Pradhan of Violet Arc Global Managers, Arvind may test Rs 262-272.

August 20, 2014 / 13:46 IST
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Mithil Pradhan of Violet Arc Global Managers told CNBC-TV18, "Arvind is a brilliant stock, I have been bullish on it since the time it was about Rs 60. It has broken the all time high today."

"Today the stock has given a breakout both from the symmetrical triangle and the all time high that it posted around Rs 247. The breakout offers a good chance to open longs. I am looking at a conservative target anywhere between Rs 262-272 but this stock is into a great momentum, so even this can be over achieved," he added.

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first published: Aug 20, 2014 01:45 pm

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