⚡️Even in 2020 fall, it managed to hold its 100-week EMA Only in 2008-09 did it trade below 100-week EMA.
Pidilite has reached 120 day EMA and Multiyear Trendline support as well - I had pointed it out the last time it did so, and it went on to make 40% returns after that. This time its different. The company has been showing slowing sales growth, and suffering from increased crude volatility expectations. It reflects in its high PE of 94 against a 10 Year Median PE...
Pidilite can give short term long opportunity with upto 9% upside move. Very interesting to see how market behaves. The above view is just for educational purposes, It's not buying or selling recommendation.
The price moves in an upward channel after a correction. In my opinion this could be an ideal stock for swing trade. Please be aware of the supply zone marked in red. If it crosses above it, it could gather good momentum.
Astral - looking very strong for a rally after a long consolidation. If market strength support, will rally
Buy @ cmp Sl 2487 Or Buy 2600 ce @ 56 Trade as per your risk management
Pidilite gives a bullish breakout on weekly chart it gives a breakout on horizontal resistance trendline and close above also given a breakout on Bollinger bands, volumes also jumping from previous so we can say it gives breakout on volume indicator too we can see more bullishness in coming sessions. CAUSE OF LONG-: 1- Horizontal resistance trendline...
positive trend but need retrachment due to important ressistance level rsi trend also negative
Pidilite: Runaway Bullish formation before 10th Aug Results Bullish breakout from a long term rounding bottom formation with very high positive volume. Last 8 trading sessions, it's a runaway green candles and bullish kickers. That's pretty uncommon. A 6months old resistance line is decisively broken this time, after testing thrice. Most likely the Q1...
Pidilite is on the verge of breakout after testing the resistance multiple times. The range of 2530-2550 acted as resistance for this stock multiple times in the past and there is a good chance of breaking it to reach it's previous ATH level. Scenario 1 Once it sustains above 2550 an up move can be expected to the range of 2750. Scenario 2 In case the stock...
PIDILITE swing opportunity BUY 2350 Stoploss - 2268 target - 2470, 2500, 2525 Time - 5 to 8 Trading days
Since my last post on Pidilite, showing the trend of -25%/+100%, it has given a bounce of over 12% and with the relaxing crude oil situation, it might be a good time to hop in. Not an Investment advice, only for research purpose.
Pidilite must go 1932 if day candle close below 1932 then 1750 to 1825 will be Best zone for sure shot reversal
Looking for 2000 levels. A very old support. Breaking which 1950 1900
Double bottom formed in Pidilite Industries Limited.. can go high now
NSE:PIDILITIND Head and Shoulder Pattern Breakdown. Avoid buying here. Major Support at 1900, followed by 1800 levels. for Long Term Investments, follow the channel pattern. Entry Price- 1800 Target1- 2200 Target2- 2500 Pidilite Industries is leading stock in chemical sector as well as it is a consistent performer.
Head & Shoulder pattern visible in Pidilite, if it breaks the line, target is indicated by Chart. An open above shoulder would invalidate the pattern.
The Head and Shoulders chart pattern is a price reversal pattern that helps traders identify when a reversal may be underway after a trend has exhausted itself. This reversal signals the end of an uptrend.