Search+Investment IdeasLeela Palace Hotels stock is out of a bullish flag-and-pole pattern which has opened room for the stock to head higher.SynopsisLeela Palace Hotels stock broke a bullish pattern, suggesting higher prices ahead. Experts recommend buying the stock for a target of Rs 570. The stock has shown improvement in its price structure and uptrend. Traders can consider a stop loss at Rs 495 for risk management.Leela Palace Hotels & Resorts Ltd, part of the hotel industry, broke out of a bullish flag-and-pole continuation pattern on the weekly charts earlier this month which has opened room for the stock to head higher.Short-term traders can look to buy the stock for a target of Rs 570 in the next 3-4 weeks, suggest experts.The stock has been moving in a narrow range since June where Rs 500-520 acted as a stiff resistance on the upside while on the BYETMarkets.com 3 mins readAug 13, 2026, 05:00:00 AM ISTGift this Story to your friendsFONT SIZEAbcSmallAbcMediumAbcLargeSAVEPRINTCOMMENTContinue reading with one of these options:Limited AccessFreeLogin to get access to some exclusive stories & personalised newslettersLogin NowUnlimited AccessStarting @ Rs120/monthGet access to exclusive stories, expert opinions & in-depth stock reportsSubscribe NowETUh-oh! This is an exclusive story available for selected readers only.Worry not. You’re just a step away.What’s Included withETPrime Membership