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
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PIDILITIND trade ideas
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.
Pidilite Industries - Intraday Trade SetupPidilite Industries CMP - 1726.85
Looking bearish in higher time frame. One can go for Intraday / Swing Trade Setup with the following entry, exit & targets
Sell at or Below 1722 ONLY / Stop Loss 1732
Target 1 - 1714
Target 2 - 1704
Target 3 - 1694
Disclaimer: This is my view and for educational purpose only.