PIDILITE INDUSTRIE NSE:​PIDILITIND

Pidilite has broken out of Inverted HS..looks very bullish dips to 1190 1200 can be good bets to go long..looks ikehigher targets are coming..

fundamentals matters

Weak below 1177 for target 1161/50 till it holds below 1188. Thank you.

PIDILITIND FOR ENTRY FOLLOW MY TELEGRAM CHANNEL t.me

Short PIDILITIND

Follow the mentioned level

BUY ABOVE 1180 OR AT 1160

Analysed levels mentioned on chart...

For last one year the level of 1200 is posing as a strong resistance for the bulls to breakout. Now one more attempt-- this being the fifth. A successful breakout will take price to new height. On the OI Table, 1200 has the highest Call OI -- total 151500 shares. Put support lies at 1100 which has a small amount of OI position--total 23500 shares.

PIDILITE IB short on PDL, short below 1161 T 1150

Pidilite is in Sideways trend and it is unable to break the upper range. You should sell it tomorrow if it breaks PDL or You can also blind sell it the moment it gives a spike upside. I will not keep any stop loss. Also, the primary compound - Vinyl Acetate Monomer is also shooting up; so there is no breakout possibility from Pidilite as of now.

STOPLOSS 1160 CLBS DAILY CHART

Forms an inverse Head and Shoulder pattern, Seems to be a bullish pattern!

On daily chart stock has performed bullish flag breakout, expect stock to move towards 1190 levels.

On daily stock has performed bullish flag break out, expect stock to move towards 1190 levels.

exp on chart..

Short PIDILITIND

Moving in channel, MACD crossover TGT 1 - 1090 TGT 2 - 1060 SL - 1180