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Indieconomic

Channel Breakout and Price Retested Breakout with Bullish Candle

Long
PIDILITE INDUSTRIE (NSE:PIDILITIND)  
Indieconomic Updated   
NSE:PIDILITIND   PIDILITE INDUSTRIE
Trend Analysis Chart Patterns Technical Indicators
1
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trendanalysis chartpattern indicator
The price given channel breakout and successfully retested the breakout level with bullish candle and substantial volume.

Entry above Rs 2450 , Stop Loss below Rs 2400 and Initial Target will be Rs 2700

Thanks
-AJ

Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types of advice or recommendations.
Comment:
expected support at ema 20, if price fall below that level - close the trade.
Comment:
Comment:
trading above 200 ema.

opportunity to accumulate stock.
Comment:
Perfect setup to go long.

Stop Loss below 20 ema.

snapshot
Trade closed manually:
close the position (if any) as per price action.
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.