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padiyara
Nov 1, 2017 10:11 AM

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

PIDILITE INDUSTRIENSE

Description

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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