Pidilite Industries is in manufacturing of Speciality Chemicals. Well known brand is Fevicol.
Fundamentals of this stock are strongly in place.
Look at the chart below- This is a monthly chart.
Stock is poised for a breakout.
On daily chart its in consolidation phase and need to cross a hurdle at 638 to close above all time high.
Flag Pattern on monthly chart below suggests target of around 900 in days to come.
Medium to long term investors - a good bet for you
Our Medium Term Wealth Creation portfolio Prime Cash returned 22% returns in last 8 months inspite of the current fall.
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