praveen.bhatiya

Pidilite Buy on Flag Breakout

Long
NSE:PIDILITIND   PIDILITE INDUSTRIE
The stock has formed a nice Flag pattern and gave breakout today after 16 days of consolidation. I would trade it for a target of 705. Stop loss low of today on closing basis. Risk to Reward is only 1 but seems good probability of reaching target first.
Trade closed: target reached