PIDILITE INDUSTRIE - Dont PIDILITE INDUSTRIE - Negative
RSI - 37.69 - Enter once it reach 60
MACD - Downtrend
Alert
Below 50 Day Moving Average - Enter only at 2420 Levels only
Support levels - 2291 & 2161 & Above Support Level 2330 & 2361
Pidilite
PidilitePidilite is 10 points away from its resistance breakout, i think it will break resistance of 2418.
Aggressive traders can buy @ cmp 2409 with sloss of 2384 & tgt if it breaks 2418 thn 2450.
Safe traders wait for breakout.
Buy PIDILITIND around 2430 with sl 2260 for trgt 2775Buy PIDILITIND around 2430 with sl 2260 for trgt 2775
Good Upside movePidilite is going up with strength and accumulated volume, Can give targets of 1840 and above.
Pidilite_Educational viewPossible upside potential upto 2060 before 20/01/2021
Provided:
if it breaches, 1752 by or before 28/12/2020
During this period:
Immediate support would be 1625
if it gets into consolidation, then range would be 1574-1630
Strong bottom support: 1480
Only an educational view
PIDILITIND LOOK OUT FOR THESE LEVELS!!! ALL THE LEVELS AND PATTERNS ARE MARKED ON CHART, RED ZONES DENOTES SUPPLY ZONES AND GREEN IS FOR DEMAND ZONE .
BUY BETWEEN 1575-1565 FOR TARGETS OF 1600/1620/1640 SL: 1545
The indicator used:
1) Daily Lines plots Daily 20 (BLACK) & 50 EMA (GREY) on lower time frame charts
2) TE-REKAB
- PB : PULLBACK
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The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!
Strong breakout above 1450 requiredHovering around strong resistance zone. If it breaks out above 1450 then next target is 1492.
R-0192 Cash Buy PIDILITIND @1480.00-1488.5 SL 1459.8 TGT 1532Intraday Cash Buy PIDILITIND @1480.00-1488.5 SL 1459.8 TGT 1532
Reason:
#1. Above VWAP
#2. TK cross over
#3. Break resistance 1426 and around second resistance 1496 once break can see more upside
#4. cloud break out on 30 min chart
PIDILITE Industries shoing reversal from its support level.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 with SL 1270 Targets are mentioned on chart so do check.
Pidilite ready for breakoutPidilite is gearing up for break out... wait till breakout and ride the trade
