As the chart suggests, there is a distribution phase has been started in Pidilite Industries. Lets wait for the confirmation to break below the levels shown in the chart as the volumes are decreasing interestingly day by day and if the Index slips back in the territory of 10800, we may see good corrections in this stock, However the stock is in bullish tone and will be buy on dips for long term bet.
Trade active:
Short the stock if breaches 1370 levels for 1365 target and if breaches 1365 levels more downside expected for Intraday only.
Trade active:
Levels of nearby target of 1366 achieved today
Trade active:
Trading active in the stock, however if it breaches the level of 1388 on closing basis we may the levels of 1424 in next few days. Shorting the stock is just a reverse trade with the market behavior.
Trade active:
PAID Customer have already gained the profit during previous session at 1366.50 levels. Trade with cautions.
Trade closed manually:
Closed on 11th September
Trade closed: target reached:
Paid customers booked partial profit around 1350 levels, as the stock was short from a long time.