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PIDILITE INDUSTRIES LTD
Long

SWING IDEA - PIDILITE INDUSTRIES

By Visionary_Growth_Insights
Updated
PIDILITE INDUSTRIES looks good for a swing trade. This stock is a fundamentally strong and is now available at a discount as per technicals.

The Reasons are listed below :
  • Strong support at 2250-2300 levels.
  • Formed a strong bullish engulfing candle on weekly timeframe.
  • 0.382 Fibonacci support.
  • Broke falling wedge pattern i.e a bullish sign.
  • Holding onto 2450 levels from last 2 weeks.


Target - 2735 // 2918
SL - 2300 on closing basis
Comment
Currently, the stock is up by 4% from our buying price.
HOLD !!
Comment
We are up by 7.2% from our buying price. We can hold this for target.
Trade closed: target reached
first target is done.
got 11%+ in this trade.
we an hold for further targets.
Trade closed: target reached
2nd target achieved - 20%+
Comment
price is holding above the previous swing, we can hold our trade.
Keep trailing.
Comment
This week's candle closed above the recent swing.
Momentum seems strong, we can hold this.
Comment
24% ++ achieved
Comment
stock has breached the previous high and is ready for a new higher high
Comment
ACHIEVED 27%++
Comment
Made a high of 31%++
Comment
trend intact, hold!
Comment
Consolidating !
Comment
all time high weekly close
Comment
Achieved 35%++
BSEbuyzonebuyzonesChart PatternsdiscountedpriceindianstocksTechnical IndicatorsnsePIDILITINDswingswingtradingTrend Analysis

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