Pidilite
#pidilite Bearish Crab @in_tradingviewNSE:PIDILITIND
Pidilite Bearish Crab
Short Zone 1378 - 1385
SL 1405
T 1358 1345 1327
PIDILITE - SHORT OPPORTUNITYPidilite going towards Weekly Trendline. Possible reversal from Weekly trendline.
Targets are shown in Chart
Targets Shown in Chart can be achieved by 3rd week of Sept.
PIDILITE ShortWISHING EVERYONE HAPPY INDEPENDENCE DAY
Please have a look at the chart, Sl and Trg will be updated if prediction works, plan your trade accordingly.
Regards,
Sharma Yogesh
PIDILITE (Pidilite Industries Limited) BUY ABOVE 1280PIDILITE (Pidilite Industries Limited) BUY ABOVE 1280
Pidilite Sell 1275.55 Stoploss 1304.80(29.25) Target 1246.30Pidilite Sell 1275.55 Stoploss 1304.80(29.25) Target 1246.30
Language : Hindi ( Regional Language of India)
Pidilite Ind showing some love...Lets have a look at the analysis -->
1> EW analysis -->
Counting from low 1095 on 15th May 2019 till 1304.80 on 11th June 2019 as an impulse move, and from the same high till recent low at 1195.55 as an corrective ZZ move, we might be in either impulse move upside or B of the same corrective more or x of same corrective move. The most biased and preferred count is an impulse move upside, still whatever wave it might be, it will result in up-move only.
2> Classical TA -->
a. Top formed at 1304.20 and 1304.80 gave possibility to double top(marked w/ an arc on the chart) which was activated after breaking the neckline of the double top and the height/target of double top is at 1200 level approx.
b. 1202 -1992 is a major support for the scrip.
c. previous day it formed a bullish kicker on daily chart.
d. the scrip has retraced 50% of Fibonacci level.
e. given breakout to the downtrend channel
3> Putting it all together -->
Currently, it has some support at 1222/18 levels, which can be used to go long for the targets of 1248/62/84 levels with Stop loss 1199, or using your own strategy and risk management.
Incase you missed previous idea on the same scrip -->
Regards,
Sharma Yogesh
Buy setupPidilite has a very interesting Buy setup. Its consolidating and it should be done soon. A breakout to the top - and I guess we can see new highs being made. The risk / reward also seems quite favorable. I would look at the First target being a retest of the previous high and the second one at the mentioned level on the charts.
PIDILITE -ShortRSI broken. Long Unwinding. Sitting at 21 DMA
Short after Open High & break 21DMA.
Targets - 1230-1225 Sloss - 1290.
Pls do your TA, as my Charts may have different view than others.
SHORT TERM || LONG ON DIPS || PIDILITIND || SL 1044Buy Pidilite NSE:PIDILITIND on a dip with SL of 1044 and target of 1090/1107
PIDILITIND | Bullish Weekly FlagPidilite is forming bullish flag on weekly chart. One can go long around 1090 level with SL below 1074. Bearish only if it closes below 1074.
Pidilight Support Resistance analysisI'm novice and this analysis is part of my learning
Pidilite showing correction wave post touching its important resistance level 1167.
Should hold 1138.
Down side 1138, 1113, 1100, 1090
Up side 1167, 1187
Pidilit Support And Resistance AnalysisI'm a Novice and this analysis is done as part of my learning.
Pidilite touching its crucial level and correcting. Should hold 1138 for reversal.
Next support levels 1113, 1100, 1090, on trending up: 1167, 1180
Please feel free to correct and provide your insights. Thanks.
