aquarianup

Pidilite Industries, Target 2700 - 3200

Long
aquarianup Updated   
NSE:PIDILITIND   PIDILITE INDUSTRIE
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.

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