padiyara

PIDILITIND:775 A break below the neck line can target:685

Short
padiyara Updated   
NSE:PIDILITIND   PIDILITE INDUSTRIE
PIDILITIND:775 A Head & shoulder pattern on wave 5 completion, break below the neck line can bring
down the stock to 685 level.The wave count shows that the wave 3 was extended and hence wave 5 will
almost equal to wave 1 seems to be completed at 868. The stock fundamentally a strong one.
A head & shoulder pattern Break below the neck line targets 685 & It can even correct to wave 4 support level 567 marked.
Comment:
Break confirmed
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