PidiliteAt supply zone... But stock is bullish buy above 2425 on hourly closing basis levels on chart.... Journey towards new high
PIDILITIND trade ideas
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
Pidilite can go long If it holds 2425 go long target 1 nd targPidilite can go long If it holds 2425 go long target 1 nd target 2 as mentioned in charts With SL 2408
Breakout Trade Idea for PIDILITINDToday Pidilitind has a breakout and crossed above 52-Weeks high. Buy Pidilitind between 2390-2410 with SL 2280 for much higher targets. Target open
Disclaimer :
Trading is never ever recommended as it is injurious to mankind. This is purely my study based on technical charts and for educational purpose only. Please do your analysis before taking any trades given by me. I MUST not be held responsible for any profit or loss out of any trades you take on our advice. All Disclaimers Apply.
watch for ATH breakout in PIDILITE INDIAbuy above 2327 for target of 2450 in swing trade with stoploss of 2250
pidilitthis is good example for consolidation breakout and formation of triangle pattern
and giving good returns.here in this stock it discount the future as it is approching earnings date
if the earnings are good then it may consolidate or move up ,if they are not good the it may move down
PIDILITIND - Bull Pennant breakout - Swing TradeThe above analysis is done purely on basis of Price Action & Chart Patterns.
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself. Entry can be either above the breakout candle or on small pullbacks as well.
The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management.
Feel Free to comment or message me for any query or suggestion regarding this stock or Price Action Analysis.
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups.
PIDILITE breakout and retest.PIDILITE has given a breakout from a symmetrical triangle pattern on 1hr time frame. It went through a pullback to retest the recent high and is now on the move upwards.
PIDILITIND 4HRCONFLUENCE OF DAILY & 4HR Bearish BUTTERFLY + SHARK
price need to follow Green Trend line & hit target
If price Breaks Red Trend line is where EXIT before SL hits
POTENTIAL SELL
PIDILITIND ::: LONGDATE: 25.04.21
INSTRUMENT: PIDILITIND
TIMEFRAME: DAY
TREND: BUY
CMP: 1783
BUY ABOVE: 1784
SL: 1750
TGT 01: 1805
TGT 02: 1822
TGT 03: 1839
DISCLAIMER:
WE ARE NOT S E B I REGISTERED ANALYSTS. PLEASE CONSULT YOUR PERSONAL FINANCIAL ADVISOR BEFORE INVESTING. WE ARE NOT RESPONSIBLE FOR YOUR PROFITS/LOSSES WHATSOEVER.
Pidilite is at historical support.Pidilite is at historical support. One can buy now. Target 1950. Holding time 1.5 months.
Exit if trend line is broken. Marked the possible price movement in chart.
PIDILITE ( DAILY ) - Box BreakoutBox Breakout
Volume > Average on breakout
Stochastic turning from oversold
RSI = 55
< 20% Selling wick
Breakout after Retracement
Buy above 1843
Pidilite Ind = Buying opportunity arriving in few daysSupport is placed at 1660, Flag pattern observed from 1842 to 1663, managed to breakthrough and created a high at 1928.50, and now the correction is on the way, which seems to end near 1775 - 1730 levels. One must observe for good convincing signals around those levels for buying opportunity.
Good Upside movePidilite is going up with strength and accumulated volume, Can give targets of 1840 and above.
