WATCHOUT FOR CHANNEL BREAKOUT
A Good correction can be seen in PIDILITE since the month of JAN.
the stock has been respecting the channel indicating a trend reversal.
the stock can be bought at current levels with a SL OF 2293 for a shorterm target of 2500 and further of 2600 and above.
pidilite has also taken support from 200 ema on daily TF
Also the stock is trading at a discounted price and its good to add in portfolio.
************************PLEASE FOLLOW RISK MANAGEMENT***************************************************
the stock has been respecting the channel indicating a trend reversal.
the stock can be bought at current levels with a SL OF 2293 for a shorterm target of 2500 and further of 2600 and above.
pidilite has also taken support from 200 ema on daily TF
Also the stock is trading at a discounted price and its good to add in portfolio.
************************PLEASE FOLLOW RISK MANAGEMENT***************************************************
Trade closed: target reached
MADE A HIGH OF 2533 .. CAN BOOK HALF AND CARRY REST
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.