Pidilite Industry has been moving in a symmetrical triangle, the MA has given a death cross let's see which way does the triangle break.
Trade active
So Pidilite decided to go against the market trend, giving a good move north, on a shorter time frame it has sustainably give a good break. Wait for the market move tomorrow to enter.
Trade closed: target reached
It gave a good breakout, to the upside. wait for a retest and we shall then know if it will go up or down.
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.