PIDILITIND trade ideas
Pidilite Industries - Intraday Trade SetupPidilite Industries CMP - 1533.60
Looking bearish in higher time frame. One can go for Intraday Trade setup with the following entry, exit & targets
Sell at or Below - 1530 / Stop Loss - 1541
Target 1 - 1522
Target 2 - 1512
Target 3 - 1503
Disclaimer: This is my view and for educational purpose only.
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!
PIDILIND - INTRADAY BUY AND SELL LEVELSBUY ABOVE 1602
STOP LOSS BELOW 1589
TARGETS 1609/1614/1620
SELL BELOW 1581.50
SL 1595
TARGETS 1576/1572/1568
Pidilite Industries - Intraday / Swing Trade SetupPidilite Industries CMP - 1500.30
Looking bullish in weekly time frame. One can go for short term Investment with the following entry, exit & targets
Buy at or above - 1502 - 1505 / Stop Loss 1490
Target 1 - 1508
Target 2 - 1515
Target 3 – 1520 / 1530 / 1540
Note: This is my view and for educational purpose only.
PIDILITINDTargets are mentioned.
The share is in perfect uptrend .
Currently share is in strong uptrend and supported with good volume.
Share comparatively performed better than market.
Perfect time to entry when the it breaks the resistance region.
Pidilite Industries - Intraday / Swing Trade SetupPidilite Industries CMP- 1536
Range breakout and looking bullish . One can go for Intraday / Swing trade Setup with the following entry, exit & targets
Buy Only above 1540.55 - 1542.50 / Stop Loss 1520
Target 1 - 1549
Target 2 - 1555
Target 3 – 1560 / 1565
Short Term 1600 / 1650
Note: This is my view and for educational purpose only
Pidilite (A consolidation gearing up for a breach ?)Pidilite has formed a beautiful triangle since June and looks like it might just be on the verge of a breakout, however a reversal within the zone isn't ruled out either. The stock has good supports in EMA's on the downside (9EMA (Green), 50EMA(Yellow), 200EMA(Red)), however a volatile and a bearish sentimental day can take them all out. On the bullish side any breach of the triangle on the upside will give a good momentum until 1570-1600 levels, a bearish momentum (a breach of the EMA's and the triangle line on the short side) should put further pressure on the stock and the stock might end up testing 1350 levels.
However we need to keep in mind that it is results season now and fundamentals have kinda bigger role to play so expect some weird momentums to kick and negate your trade altogether. Try and avoid over night positions and if you do make sure to hedge them.
Sentiments are turning negative again with the world recording a record number of cases today and Europe seeing a second wave of the virus any major lockdown might kick the fear in and multiple things will kick in together causing the markets to spiral down. And then the invested would ask why is the market going down without much of a reason similar to when the bears/un invested people asked between April to Present why is the market going high without much reason.
Trade with Caution, possibly some Very Scary times ahead.
Stock of the day Pidilite buy 1475@1480Market expect positive open Seen today weekly expiry volatile seen be cUtion carefully Pidilite buy 1475@1480 tgt 1495@1505above sustain 1495 more upside possible today
Catch up call demand zone 1475@1480
Best of trading
pidilite Successfully hit the resistenceLast week , I anticipated one idea about pidilite industries, Right now its successfully hit the resistance(target).
Pidilite Buying possibilities.1.1. If the market break the 0.50 % level in fibonacci ,it went 61.8.
2. It looks like a chart pattern , it will touch the resistance.
3. Morning star candlestick pattern formed.
In case market goes to down dont sell wait for the confirmation
