Pidilite gave 2 confirmation for a breakout on 2 different Trend lines with Volumes and RSI rising.
This could very well be a false signal and trap buyers in intraday as the stock closed below touching 200 EMA.
Crossing it will activate the trade. Until then it's bearish.
Levels are given on the chart.
Stay Safe & Trade Safely. :)
This could very well be a false signal and trap buyers in intraday as the stock closed below touching 200 EMA.
Crossing it will activate the trade. Until then it's bearish.
Levels are given on the chart.
Stay Safe & Trade Safely. :)
Trade closed: target reached
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Disclaimer
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.