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
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There he goes... finally it got warmer enough to come out of blanket!
Trade closed: target reached
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Reached target as expected. One can trail the stop loss. Technically still looking weak. Wait till break of pattern to sell again.