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Techncal

Pidilite Industries PIDILITE Industries is forming a Head and shoulders pattern on 4 Hour Time frame, although the chart is looking bullish and the price is also at a round number support i.e., 3000, but as this indication is on 4 hour we cannot ignore it. We will wait for the price to breakdown and let the first 30 min candle close below the neckline and do a retest or give us some confirmation candles. We will also keep a eye, how price is rejecting from 3000 if it gives us some concrete confluences we will looking for long trades only, trend priority
NSE:PIDILITIND
by Ashwani123
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