Go Long only after trend confirmation. Today it gave a triangle breakout Pidilite has formed a symmetrical triangle pattern twice and broke both the patterns. Points to consider. 1. RSI crossed 60 good for going long side. 2. We got a good volume break out today. 3. Strong trend line support. 4. MACD crossover. 5. OI is Built upon the long side.
#Trade as per your appetite. Do your own analysis before taking the trade.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.