2026-05-16 04:13:03 pm | Source: Religare Broking Ltd
Midcap Medallion : Buy Arvind Limited by Target Rs. 508 - Religare Broking Ltd
Arvind Limited
Technical Outlook
* Arvind has witnessed a breakout after remaining in a corrective phase for nearly one and a half years and has also scaled a record high.
* The breakout is backed by above-average volumes, indicating strong market participation following accumulation at higher levels.
* The chart structure signals the beginning of fresh momentum within the prevailing uptrend, thereby creating a new buying opportunity. One may consider initiating long positions within the mentioned range.
Buy Arvind Limited CMP 447 Range 444-448 SL 414 Target 508
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