PIDILITEIND have been under the blanket while whole market was on strong uptrend. Now that markets have come to a short term pause, but this stock still looks more weak Setup mentioned in chart Keep on watchlist and trade based on opportunity and market conditions
Trade active
There he goes... finally it got warmer enough to come out of blanket!
Trade closed: target reached
Reached target as expected. One can trail the stop loss. Technically still looking weak. Wait till break of pattern to sell again.
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