Sunandamedi

PIDILITE - WILL THE ADHESIVE GIVE OFF?

NSE:PIDILITIND   PIDILITE INDUSTRIE
DOJI HAD FORMED AT 1098-1128. MULTIPLE TOPS AT 1296 FOR THREE CONSECUTIVE DAYS IS SEEN.

ON BREAKING LOWER SIDE (1098) TARGETS ARE 1280 AND 1210.

ON BREAKING HIGHER SIDE (1130) TARGET UPTO 1440 IS ESTIMATED.

MY OBSERVATION IS IT WILL COME DOWN.

REASON IS HOURLY CHART AND 4 HOUR CHART PATTERNS.
Comment: BROKE ON THE LOWER SIDE AND 1272 REACHED.

NEXT TWO TARGETS SHOULD BE 1264 AND 1255.
Comment: TARGET 1264 REACHED.

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