Chemical sector technicals has good setup in daily chart and improving in weekly chart.
1. Pidilite trendline breakout 2. An inverse head and shoulder formation 3. Breakout of H&S and now again resting at levels. good risk and reward
Pidilite Industries swing trade for risk reward ratio of 1.25 can look for tp of 2544 only above 2500 with stop of 2460 DC : only for educational purpose
PIDLITIND nearing its 3 years confluence support. It should consolidate or reverse anytime in couple of weeks. So start initial position and add more once reversal is confirmed above 2520
Pidilite Industries can be taken as a Swing trade for 100 points.
PIDILITE Hourly Buy based on Flag Pattern.... LTP 2552 SL - 2510 TARGETS - 2700+
Pidilite industries weekly breakout in price action strategy. macd daily turning positive both signal indicating buy
Weakest Stock : Pidilite Ind Sell At Cmp - 2308.55 Or On Any Rise SL - 2428 ( Weekly Closing Basis ) Target - 2000/1870
As you can see, PIDILITE INDUSTRIES is at a major support level . Will it maintain support? . Case - 1: If the price breaks above R1 - Rs. 2370, then we will see an upside in the stock. . Case - 2: If the price breaks above S1 - Rs. 2260, then there will be further downside will be expected. In such a scenario, the price will fall to S2 - Rs....
Potential PRZ of 2200 based on latest retracement and Fib extensions. Also, the Potential Bullish bat pattern shows PRZ in the vicinity of 2200.
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...
Buy @ cmp Sl 2487 Or Buy 2600 ce @ 56 Trade as per your risk management
Pidilite is making and head and shoulder pattern, also taking support from 0.618 fibonacci level. It is also a support level. If overall market sentiments will be bearish in next few days also the stock breaks support and restes, it will be a good short opportunity but at the same the stock is all time bullish stock it can also keep time correction for 2 months...
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...
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.
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.
PIDILITE INDUSTRIE 1. An evident HNS in action. 2. Can deliver mirror length TGT of 1670 Aggressive TGT, Isn't it?
Here are some evergreen stocks which are 25% yearly compounder for last 10yrs with strong fundamentals and available near strong support zone. -: NSE:PIDILITIND - available @2370 and strong support around 2250-2300. -: NSE:BERGEPAINT - available @685 and strong support around 650-680 less than 30 rupees risk. -: NSE:MINDTREE - available @3785 and...