PIDILITE IND SHORTNSE:PIDILITIND
Only for education and information purpose. Should not be taken as a trading call
IT LOOKS LIKE A SHORT CAN BE TAKEN AT D POINT LETS C HOW IT WORKS
CHART BY HARMONIC LEARNING AND EARNING
PIDILITIND trade ideas
Pidilite Long06 Aug 2019: Good results from Pidilite. Better than expectations. Can see the stock going up as ascending triangle pattern forms. If the next candle closes above 1310 then huge upside can be seen in the stock. CMP 1308.70. T1- 1330, T2-1360, T3 - 1400; SL - 1278.
PIDILITE INDS - GOOD PERFORMANCEPIDILITE INDS SUCCESSFULLY CLOSED ABOVE THE 1300 LEVEL (PLS SEE MY POST ON 03RD AUG).
NEXT LEVELS SHOULD BE NEAR 1375 LEVEL.
AS THE Q1 FIGURES ARE GOOD-
Net Sales at Rs 2,016.81 crore in June 2019 up 9.96% from Rs. 1,834.07 crore in June 2018.
Quarterly Net Profit at Rs. 292.89 crore in June 2019 up 22.72% from Rs. 238.67 crore in June 2018.
THE ABOVE 1375 WAS CALCULATED. ALL TIME HIGH IS 1400.
intraday and short-term swing callintraday and short-term swing call NSE:PIDILITIND
* VALID ONLY 2 DAY NOT TRIGGERED ENTRY PRICE IGNORE THIS CALL
Entry - Long side
ENTRY PRICE - 1270.40
SL - 1185.50
T1 - 1276.80 (FOR INTRADAY)
T2 - 1283.10 (FOR INTRADAY)
T3 - 1355.40 (FOR SWING 5 TO 10 DAYS)
PIDILITE (Pidilite Industries Limited) BUY ABOVE 1280PIDILITE (Pidilite Industries Limited) BUY ABOVE 1280
BULLS RIDING IT We can enter @ CMP or if there is a pull back for 1244 which mostly likely will not happen looking at price action. First target 1295 after that could be 1350+. If you want to go for long for few weeks enter above 1295.
PIDILITE INDSLOOKING AT THE DAY CHART, ALL THE FACTORS ARE INDICATING BULLISHNESS IN THIS COUNTER.
1300 IS THE TARGET WHICH SEEMS CAN BE ACHIEVED.
ALSO, THE TRADED VOLUMES WITH INCREASE IN PRICE SUPPORTS THIS.
KEEP THE LOWER TREND LINE AS STOP LOSS OR AT 1210.
Pidilite Sell 1275.55 Stoploss 1304.80(29.25) Target 1246.30Pidilite Sell 1275.55 Stoploss 1304.80(29.25) Target 1246.30
Language : Hindi ( Regional Language of India)
PIDILITIND || BUY || SHORTMost probably, long side has more strengths
Buy above 1260
Targets 1280, 1300, 1320
Sell below 1200
Targets 1180, 1170, 1160
PIDILITEAfter a consolidation phase, stock enters into a Safe Zone :)
Looks funny analysis right like taping the directions????
But a serious prediction is I'm long when stock reaches 1200 with SL 1180 for targets towards 1220/1250
Keep watch this space for more such interesting stuff!!!
Pidilite Sell 1275.55 Stoploss 1295 , Target 1257.10/- Pidilite Sell 1275.55 Stoploss 1295 , Target 1257.10/- and 1238.65 , Trade if cancelled if not triggered within 31st July 2019
#PIDITLITINDpinbar broken with strength
Ema aligned
With in the range of candle strength zone
Can touch 1289.65
HTF CCI > 100
Fresh Breakout at H>1312.60 and C>1297.70
PIDLITE after trading flat for few days stocks is showing signs of breaking the range
once can look into this stock at cmp with sl placed at 1215
for targets towards 1249/1264/1279
#PIDILITE CASH : LOOKS GOOD ABOVE 1250.10#PIDILITE CASH
25 JULY 2019
LOOKS GOOD ABOVE 1250.10
STOPLOSS 1240
TGT 1259-1260/1272/1288
CMP 1234.55
Pidilite - ascending trianglePidilite as formed ascending triangle one can go long after the breakout in upperside
There are 2 ways to go long
1. one can go long immediately after the breakout of 1305 level. Those who go long this way are called aggressive traders. But the risk factor is more by this method.
2. one can go long after Breakout and retest of 1305 level. Those who follow this method are called conservative traders. risk factor is less in this method. the only drawback of this method is sometimes u may not get entry after the breakout .
Pidilite IndustriesInteresting Script with tendency to rally from 200D EMA.
Entry only above 1210.
Target: 1300-1335
Pidilite Ind showing some love...Lets have a look at the analysis -->
1> EW analysis -->
Counting from low 1095 on 15th May 2019 till 1304.80 on 11th June 2019 as an impulse move, and from the same high till recent low at 1195.55 as an corrective ZZ move, we might be in either impulse move upside or B of the same corrective more or x of same corrective move. The most biased and preferred count is an impulse move upside, still whatever wave it might be, it will result in up-move only.
2> Classical TA -->
a. Top formed at 1304.20 and 1304.80 gave possibility to double top(marked w/ an arc on the chart) which was activated after breaking the neckline of the double top and the height/target of double top is at 1200 level approx.
b. 1202 -1992 is a major support for the scrip.
c. previous day it formed a bullish kicker on daily chart.
d. the scrip has retraced 50% of Fibonacci level.
e. given breakout to the downtrend channel
3> Putting it all together -->
Currently, it has some support at 1222/18 levels, which can be used to go long for the targets of 1248/62/84 levels with Stop loss 1199, or using your own strategy and risk management.
Incase you missed previous idea on the same scrip -->
Regards,
Sharma Yogesh
More Fall can come. More info at kangnotes.comPidilite was showing Divergence and I already shorted and currently booked half. From chart more fall is coming.
