Pidilite Industries may test Rs 575: Rahul Mohindar

Rahul Mohindar of viratechindia.com told CNBC-TV18, "Pidilite Industries is definitely a good trade from these levels. What’s note worthy is the fact that the whole of last month has primarily seen above average volume and that is what pointing that this is beyond just a regular consolidation. You have got a lot of volume accompanying this breakout up.""We believe stoploss at about Rs 544 level if you are looking at a very short-term, you should be looking at targets of Rs 575. Again I think this is a stock I would like to keep in the portfolio from a medium to long-term perspective as well because when you look at the big base it has build between Rs 520 and 530 over the last month that can be very well validated," he added.