Stop Loss: Rs 344

Target: Rs 387

ARVIND has delivered a decisive breakout above a key resistance zone, reinforcing strong bullish sentiment. The stock ended the session with a robust bullish candlestick on the daily chart, supported by volumes well above the 20-day average clearly indicating fresh accumulation. With prices holding
firmly above the 20, 50, 100, and 200-day EMAs, the prevailing uptrend remains solid. The RSI, currently at 68.81 and trending upward, underscores strong momentum and signals the potential for further upside in the near term.

(Kunal Kamble, Sr. Technical Research Analyst, Bonanza Portfolio)

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