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Piyush-Gupta
Jul 20, 2020 6:11 PM

PIDILITIND, BREAKOUT POST 4 MONTHS (CHART# 297) Long

PIDILITE INDUSTRIENSE

Description

PIDILITIND has given bullish breakout along with good volume today from a trend line which is running from March'20.
Above 1445 this should be a good momentum for long run.
Kindly track NIFTY as well to ensure we have trend along with us which will further increase our probability of setup. A simple price action study of NIFTY suggest along with Fibonacci that 11100- 11150 is strong resistance area and till then we can have this bull run.

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Piyush Gupta
Comments
majidvppm786
Sir i want to learn price action and simple chart formula any mail id. Or group id please
Piyush-Gupta
@majidvppm786, sent my details via private message.
arvindyadav0702
Great analysis
Piyush-Gupta
@arvindyadav0702, thanks Arvind
SairamParamasivam
@Piyush-Gupta awesome find sir. Volume is good at breakout as pointed. Price follows you😉
Piyush-Gupta
@SairamParamasivam, yes volume is good.
Lol, thanks for compliment
Chandruuu
Very high probable trade for today. Will be high on my list.
Piyush-Gupta
@Chandruuu, thanks for your continued support
Sandeep777
Great analysis...Thanks for sharing!
Piyush-Gupta
@Sandeep777, thanks brothee
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