nikhilvenkataraviteja

Double Symmetrical Breakout for Swing

Long
NSE:PIDILITIND   PIDILITE INDUSTRIE
Hey Guys,

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.

Stay tuned for updates
Order cancelled: Trend was negative it didn't Trigger