Pidilite looks exhausted fir and big upside move.
Continue negative divergence on monthly basis.
It will a good time to sit with cash and watch for few months.
Bearish formation!!
Buy Pidilite Industries for long term.
Great Earnings and Strong Performance by this Stock.
Bullish on weekly chart.
Buy- CMP
Target- 1670, 1800, 2000
stoploss- 1300
Thank you,
Vishwajeet Sharma
Hello everyone, I am Kalpana Burman , this is my first trading idea on this platform. Please do like, follow and support me so that I can work harder and give better ideas to this community. Also, please feel free to engage in the comment section.
Analysis:-
As this stock has retraced at 61.8% from its low, this can act as strong resistance for the stock. For...
Good support at fib and pitchfork level
Above 1575 for 1590,1625,1675
Below 1545 for 1530,1510,1450
Critical zone-1545-1575(sideways)
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Pidilite industries crossed all time high and broken upward trend line and now in uncharted territory. I m buying for 8-10% of gain may be 20-25 working days....
MACD is also supporting the buying thesis...
Pidilite Industries has been rising up for some time, looking at open interest data some indication of top formation can be seen.
Sell below : 1443 Stop Loss : 1449 / 1455 (depending on your risk appetite)
Targets : 1434 - 1432- 1421 - 1411
Low risk trade would be to sell 1480 call above Rs. 16-17/- with a stop loss of 22/-
As there are only...
It has completed a cup and handle chart pattern. If the price breaches 1425 then it will confirm a breakout. An upside of 100 point is expected on the breakout which is equal to depth of a cup
This scrip might move towards 1425 --> 1431--> 1439, where 1431 and 1439 are critical resistance. The critical date 2nd of January 2020(+/- 24 hrs) can change the minor trend. The support points will be updated later.
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Regards,
Sharma Yogesh
PIDILITE CMP 1367 accumulate and buy in between 1350 to 1360 for targets of 1384 and 1424.
after long consolidation pidilite yesterday formed pin bar on day chart and today giving breakout with good volume
