NSE:PIDILITIND   PIDILITE INDUSTRIE
PIDILITE INDUSTRIES #PIDILITIND

- MOVING IN A DESCENDING CHANNEL .
- TAKING SUPPORT FROM TRENDLINE.

INDICATORS:
RSI - AT 50-LEVEL AND IS SIDEWAYS
CVD - NEUTRAL
TT2 TREND- BEARISH IN 30MINS AND DAILY

COMMENTS:
1. SELL WHEN TRENDLINE IS BROKEN WITH VOLUME AND CONVICTION
SL 1390
TGTS 1357/1346

2. BUY WHEN UPPER CHANNEL (RED) IS BROKEN (~ 1390)
SL TRENDLINE + BUFFER
TGTS UPPER TRENDLINE/1419

KEEP AN EYE!!

NOTE - BREAKOUT HAS TO HAPPEN WITH MORE THAN AVERAGE VOLUME AND THE FOLLOWUP CANDLE MUST SHOW CONVICTION!!
***Always keep buffer with target and SL level
***in case of GAP opening, the given levels become invalid.
***this is my personal view. Please take advice from your financial advisor before investing.

-
Garey
Whatsapp - +91 9999 504 500
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.