Pritesh Mehta of IIFL told CNBC-TV18, "We have couple of trading ideas for short-term trading purpose. Buy Pidilite Industries. For short-term we expect more upside in the counter. It has made an excellent base and broken off from a rounding bottom pattern. Buy for a target of Rs 268 with a stop loss at Rs 254."
He further added, "Our second trading idea would be of Jain Irrigation Systems. After four months of sideways consolidation between Rs 47 and Rs 56 the stock has finally broken out. We expect the recent upward momentum to continue, so buy for a target of Rs 65 with a stop loss of Rs 58."
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