A big move unlikely in Arvind Mills: Sandeep Wagle, APTART Technical Advisory Services

Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, www.aptartindia.com, in a chat with ET Now talks about Arvind Mills.

Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, www.aptartindia.com, in a chat with ET Now talks about Arvind Mills.

How is Arvind Mills looking?

We had recommended Alok Industries last week. So obviously this space does look good. But having said that, it looks good for a limited move. I mean Arvind Mills - at possibly 3550 - would move to the tune of 3750-3800. So possibly 7-8-10%.

Beyond that, I would not be surprised if it fizzles out or starts moving sideways there. So I will not talk of a very big move. You can find better stocks which can give you a much better appreciation.
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