NSE:PIDILITIND PIDILITE on daily chart taken a goods support and showing reversal. Whats looks interesting here is the price and volume movement at its support level one can check the chart and observe the same. There is nothing too much complicated here everything is just nice and simple as I expected. For positional traders its looks bullish on daily chart...
Pidilite is gearing up for break out... wait till breakout and ride the trade
The chart shows trade setup for tomorrow. Follow Price Action
Hello! Watch for the breakout in Pidilite, above the ranges of 1422 or 1370, If breaks 1370 sell for target of 1370. And if upper breakout buy for 1664 target with SL of 1249. follow SL on closing basis as stock have some liquidity issues sometimes. NOTE : Only for education purpose do add your common sense before making any trade, I'm not responsible for your...
Pidilite is in Triangle Consolidation For Quite a Time Now And Breakout is Expected Soon, If The Upside Breakout Follows Then We Can Expect Minimum Target of 1600 But if It Goes Beyond it Then The Other Target Would be 1700. If a Downside Breakout Happens Then There's a Minor Support at 1350, But As Per Technical Analysis Rules Another Target Can Also Be near 1200
* Price Bounce Back From Demand Zone . * Price was consolidating between a range * Strong RSI Divergence . closing above 1389 will be a buy signal .
#PIDILITIND may show us 1477 once again. CMP 1398.25 Long position holders can trail SL 1350. After that good correction possible upto 1205.
PIDILITIND (Pidilite Industries Limited) SELL BELOW 1296
PIDILITIND (Pidilite Industries Limited) BUY ABOVE 1335
Pidilite chart suggests there is divergence in RSI on 1HR time frame along with it trading near trendline resistance. Not being able to break above 1385 will create a short term "SHORT" opportunity. target: 1310
NSE:PIDILITIND IMPORTANT LEVELS ON THE CHART . THERE IS A ALSO LONG BUILD UP ON OPTIONS CHAIN DATA AT 1200 LEVELS .