Pidilite has been idlying for a while where 3 months return stand at only 5 %. Stock has consolidated and now showing signs of breakout. In a swing trade target can be taken at 1514 with support at 1375.
RSI is looking strong at 60 with MACD line moving northwards. A beautiful chart.
Note - No recommednation or suggestion. Please do your own Analysis. Please consult your financial advisor before investing in stock markets.
RSI is looking strong at 60 with MACD line moving northwards. A beautiful chart.
Note - No recommednation or suggestion. Please do your own Analysis. Please consult your financial advisor before investing in stock markets.
Comment:
WE are seeing a bit of further consolidation. It did break out but then with the overall trend reversal at 11600 level this has also seen weekness