pidilite

Long above 1130(closing basis) for target of 1197. SL below 1113

a strong upmove on the way looking at the stucture of the chart!

Enter Long above 1136 Target 1 - 1142 Target 2 - 1148 Target 3 - 1156 Sl - 1127

PIDILITE CMP 1123.80 HA Candles broke the resistance line and closed above it. MACD line is above the signal line and going upwards above 0 line. The stock is in an upward trend and HA candles is above the 20 EMA which shows positive upward movement. 30-40 points of upward movement can be achieved. It may show strong movement if it crosses 1180-1200. As of now ...

Levels mentioned on chart

stock trading near weekly support and after a descent fall given some scope of rise in the last some hours of trading today ! with a stop loss @ 1090 095 range and keeping targets of 1147 , & 1170 , better stay long in the stock with a fair chance of REVERSAL !

a good downside in pidilite awaiting!!!!!!!!!!!!!!

Stock Bounced from Triple Bottom. Took Support & ready for next up move. During Last 2 Days closed above 50% Fibo. (From where stock started up move). Near 100 EMA. Immediate Targets Mentioned in Chart. Above 835 Fast Move Towards 851/861/871. Details Mentioned in Chart.

It has been observed on the Weekly chart that the price action breaks above the strong resistance zone of 830-35, which now indicating a new all time high and also shall further move up. The company has been working well with strong growth, which also eligible for investing. Target1: 855 Target2: 865 SL1: 830

Looking at weekly chart look like a clear 5 wave upmove and then corrective A and B complete .. since wave A was 5 wave and wave B( running flat ) looks like 3 wave.. i have a hypothesis that Pidilite is not in a new impulse rather it is still in corrective and may do atleast 600 or below.. Below is the weekly chart https://invst.ly/409gn Now, coming to ...

The stock has shown a classic double top pattern and a trendline break. Previously there's a huge buying interest being shown in the stock, so be careful before shorting it straightaway, might prove to be a pullback. I have drawn blue lines which are important levels according to me. See how price reacts on reaching those levels and build positions ...

The stock has formed a nice Flag pattern and gave breakout today after 16 days of consolidation. I would trade it for a target of 705. Stop loss low of today on closing basis. Risk to Reward is only 1 but seems good probability of reaching target first.