According to price action, NSE:PIDILITIND is showing signs of exhaustion and weakness. Reasons why I think this is a short candidate -
1) Both the Daily and Weekly candles appear to be weak.
2) Future OI has been unwinding long for the last 5 days, and there was short build up in this stock today as well.
3) DTF has formed a bearish marubozu candle.
4) For the...
