PIDILITIND trade ideas
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.
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.
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.