Arvind may test Rs 345-350: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Arvind has a choppy chart. It made U-shaped reversal. It fell and then started making rounding bottom in the middle of a trend, it is more of continuation pattern. However, for a position trader, Arvind is giving a target of Rs 345-350, a bullish head and shoulder has been confirmed. The targets are more modest for the day trader but for all traders there is an opportunity now."

At 09:24 hrs Arvind was quoting at Rs 318, up Rs 3.45, or 1.10 percent. It has touched an intraday high of Rs 318.15 and an intraday low of Rs 315.25.