Buy Arvind Ltd, target Rs 376: Reliance Securities

Reliance Securities has buy call on Arvind Ltd. with a target price of Rs 376.
The current market price of Arvind Ltd. is Rs 375.
Time period given by analyst is intraday when Arvind Ltd. price can reach defined target.
Reliance Securities recommended to keep stoploss at Rs 360.
In its report, Reliance Securities says, "For today’s trade, long position can be initiated at Rs 365 for target of Rs 376 with a strict stop loss of Rs 360. Traders are advised to avoid early morning whipsaw."
Arvind Ltd., incorporated in the year 1931, is a Mid Cap company (having a market cap of Rs 9536.03 crore) operating in Textiles sector.