PIDILITIND trade ideas
PIDILITE PIDILITE
ABOVE 2470
TARGET 2530,2600(INTER DAY target 2530) and more upside comming days
Stop loss 2450
It form cup with handle pattern in 1 day chartif it breaks neckline, we can expect a big move in short term
Concentrate if it break and sustain above 2482
#Pidiliteind cash : Looks good above 2455#Pidilite ind cash -Posiitonal call
22.Dec 2021
Looks good above 2455 Stoploss 2420
Target 2495-2500/2540
cmp 2432
Buy at 2370 SL 2350 TGT 2380, 2390 and 2407Suggestions are based on my analysis only. Please do your analysis before taking any trade.
PIDILITIND DO YOUR OWN RESEARCH
Good bullish move right now(Wicks are a big concern though), but should wait for the resistance breakout, if it breaks out you can expect a good move
[POSITIONAL] PIDILITIND LONG BET risk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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PIDILITIND bouncing back from it's support zone PIDILITIND is at buy level and target could be a new life-time high
PIDILITINDPIDILITIND
Waiting for levels but if it breaks 2240 on upside then there would an impulse entry for targets of 2260-2300.
Pidilite Industries - Continuation of Bearish trend.
The bearish trend for Pidilite Industry is continuing for the last 7 sessions. It is testing the immediate support level around 2186. If it breaches the immediate support level with a bearish candle, further fall in the scrip is expected with high volumes.
Simple Trade Setup | PIDILITE IND | 15-11-2021 [ INTRADAY] NSE:PIDILITIND
Observations:
1) On daily time frame, it sustain to stay above 2400 level as well as 50DMA which is placed at 2392.97 level.
We can say that 2390-2400 level is immediate support range.
And major support range is as 2300 level.
Also, it looks like it, on 11 Nov 2021, it gave breakout from parallel channel and on 12 Nov 2021 it tested this breakout.
Now if it sustain above 2400 level and this parallel channel then we can see up move to continue.
Major breakout level is 2480 level. Above this we can see good upmove.
Please refer below chart : 1 day Time Frame.
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Trade Setup for Date: 15-11-2021
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
PIDILITIND - Intraday PickPIDILITIND
Buy-Above 2420
Sl-2400
T-2445 2500
This is an intraday pick and can be carry forward for further targets.
PIDILITE - Long. Should move higher from now PIDILITE- should start moving higher is 2375 doesn’t break.
#Pidiliteind cash : Looks good above 2350.10#Pidiliteind cash -Positional call
24 Oct 2021
Looks good above 2350.10
Stoplss at 2315
Target 2378-80/2412
Cmp 2316.40
PIDILITE INDI'm considering buying Dips here in Pidilite Ind.
next immediate support is at 2160-2185.
Note. This is not a stock recommendation. Kindly consult with your financial advisor before taking any decision.
#Pidiliteind cash : Looks good sell below 2395#Pidilite ind cash -Positional
20 Oct 2021
2395-2400 level is Make or break level
Sell below 2395 stoploss 2430
Target 2365/2332/2301
Cmp 2417.50
PIDILITIND Trade Setup For TomorrowPidilite Industries has following the trendline from last so many trading sessions.
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There is a strong resistance at the level of 2479, stock has already given the breakout on Thursday.
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And stock also done some correction, so for tomorrow if Stock goes above 2485,
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You can buy this trade for the target of 2500
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What's your view on this comment below in the box.
STOCK FOR THE LAZY INVESTORPIDILITE Industries has been in my portfolio from the very beginning. I added this stock when I had no knowledge of technical or fundamental analysis but knew it was a monopoly stock and was in an uptrend. Bought @1773 and still holding it.
