Pidilite Industries, Target 2700 - 3200

Updated
Pidilite Industries has given long trendline breakout and is moving towards
completing rounding bottom pattern, with some major resistance on the way
which if breached can reach higher targets.
Trade active
after rallying from 2400 to 2600, stock is correcting and near trendline support
Trade active
stock took support at trendline and continued higher..
Trade active
stock witnessed resistance exactly at the shown levels and retraced, now it is at buying zone
Trade active
Stock witnessed resistance at 2735 and is in consolidation zone, but above the support line shown in the chart.
Trade closed manually
On 13 June, stock fell short by 50points in reaching its 1st Target of 2750 and went down facing strong resistance.
200emacrossoverpidiliteroundingbottomTrend LinesTrend Line Break

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