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