Arvind mills...leader loosing of late

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  #1  
Old 4th February 2006, 09:41 PM
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Default Arvind mills...leader loosing of late



Any body has any information, why the stock price is digging deeper into the ground & is there a chance of recovery in near future...i have 200 shares @ 104.....there seems to be nothing wrong in the quaterly report also.
should i hold it for one more month in the hope of recevery?
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  #2  
Old 4th February 2006, 11:13 PM
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Saint will become famous soon enough
Default Re: Arvind mills...leader loosing of late

Quote:
Originally Posted by VNY25
Any body has any information, why the stock price is digging deeper into the ground & is there a chance of recovery in near future...i have 200 shares @ 104.....there seems to be nothing wrong in the quaterly report also.
should i hold it for one more month in the hope of recevery?
Hi VNY 25,

ARV MILLS :Still looking great,bullish divergences persist in TRIX and RSI ,is holding these levels with stubborn persistence.Looks good to move higher.........as always nothing is certain in a stk mkt.But looking good.....keep it.HOLD for now.

Saint
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  #3  
Old 6th February 2006, 11:07 AM
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Default Re: Arvind mills...leader loosing of late

The Denim prices are expected to stablize and Arvind mill retail initiative, garment business contribution are going up. Will have to wait for couple of quarters to see the stock appreciation. Patience and confidence will be tested.
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