PIDILITIND trade ideas
PidiliteOn fundamental levels this company is solid. No Doubt. I will invest for next 10 years with my eyes closed, however question is AT WHAT PRICE ?? In my opinion on operation level company hasn't been doing good since last 5 months and need more correction in its prices. I would definitely buy this stock between 1170-1250. This is not a tip, its my personal opinion sharing publicaly. For any specific question about fundamentals of this company, comment below i will be happy to answer. Thank You.
PIDILITE Ind If you are a follower of a DOW theory Like me, you will be bullish too. However Since this period is affected by Covid-19, I wont be so sure and it might be a reversal of Primary Trend.
Chart is a much self explanatory.
My idea is there could be quick trade with holding period of 1-4 days and buy sale price range would fall between 1390-1450. Above 1450, 1474 will be a strong resistance, and that could be your exit.
Any criticism is welcome.
2 Flag Breakout in PidiliteHello!
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 profit or loss!
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Regards
Sanam Patel
Breakout of Huge Falling Wedge..LONG IT..2R TradeBreakout of HUGE Falling Wedge
Entry / SL / Target on Chart
Decent RR
Huge Divergence on RSI too
PIDILITEIts again taking support at 1385 levels, slip of this level can lead to 1365, 1346 and 1330.
If it bounces back, it ll head to 1400, 1415, 1425
Pidilite@bullishPidilite is bounced back from its strong support @1383, good to buy.
Levels are on the chart
Disclaimer: This is for study purpose, do your own study or consult your financial advisor before taking trade
PIDILITEPidilite showing death crossover pattern, major levels that provide support are 1383, if that breaks the downside targets are 1375, 1359, 1346, 1337
Pidilite at channel support levels.Pidilite can be bought intraday above 1237- 1238
for targets of 1254+ 1260+
PIDILITE Triangle Formation On Daily and Weekly ChartsPidilite 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
DOUBLE CUP AND HANDLEThere is Double Cup formation
Will this lead to handle formation or it will break this resistance
The upcoming days will be crucial
PIDILITE IND 75 Min Analysis * Price Bounce Back From Demand Zone .
* Price was consolidating between a range
* Strong RSI Divergence .
closing above 1389 will be a buy signal .
PIDILITE ZONE OF RESISTANCE AT 1448 BEARS ACTIVE AND MAY DRAG IPIDILITE ZONE OF RESISTANCE AT 1448
BEARS ACTIVE AND MAY DRAG IT 1346 LEVELS
SUPPORT AT 1377 LEVELS
24 MAY 2020
pidilite buypidilite is at support zone and shows bullish signal so buy it and chill
maintain risk reward ratio
