PILANI INV & IND COR LTD
Long
Updated

PILANI INVESTMENTS - Another bumper stock!

279
Pilani Invesments a is very strong stock fundamentally.Its market value of invesments is more than its market cap of 1815cr.
Charts Suggest bullish move coming.It has formed a symmetric triangle on daily charts with bullish bias.
On weekly charts it has formed a Pennant Pattern.A pennant pattern is continuation pattern, so if a stock is in uptrend a pennant pattern suggests that it will continue stay in uptrend after a breakout. Look in the comments section for the weekly charts pattern.
Have a look at my previous stock suggested, JVL Agro which is 25% up in 3-4days.
Goodluck Investing.
Note
One can enter at current market price or post breakout with a SL 2145 on closing basis for targets of 2445,2525 and then 2650.
Trade closed: target reached
All Targets achieved.
Can continue to hold as investment.

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