Hold Arvind at the current juncture of 32-33: Shardul Kulkarni

Shardul Kulkarni, Sr. Technical Analyst, Angel Broking in a chat with ET Now talks about textile stocks.

What do you make out of what is going on in textiles?

In textile stocks specifically I am tracking the large cap textile stocks. So Arvind looks good at current juncture. Arvind is one of the stocks which is showing decent consolidation and is at the lower side of the range. So you can buy into Arvind. On the lower side if it breaks the lower levels of Rs. 30, you should ideally exit out from this counter but you can hold on at the current juncture of Rs. 32-33.