Chemicals custom index made on following stocks by top M.cap and also some fundamentally good companies
Pidilite, SRF, Linde, Flurochem, FCL, Deepak nitrite, GHCL, ACI
Reason for under watch and long only, if todays closing is green
a) Bull candle close of today enhances the weekly breakout otherwise a false trap
b) volume accumulation still is pre-matured
c) W formation in development
d) As of now open=low candle, if it sustain till 2 PM one can enter
e) SL compulsory
Daily and weekly volumes buildup is considerable good enough.
All time high and rounding bottom breakout successful with retest on trend line.
Good opportunity both for swing and positional views.
NOTE: I do my analysis, do your begore trade.
NSE:PIDILITIND
Possible break out on the daily chart.
Good above average volume on Friday. Good delivery of 1.7 times vis-a-vis 5 day average.
Price also moved 2.02% giving more confidence on the breakout.
However there is a psychological resistance at around 3000 levels.
We can wait for the stock to close above 3000 and then initiate a trade.
Relative...
There is a one more stock Which is showing a great opportunity, stock is near resistance and ready to blast. what is your view please comment it down. We are NISM Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
Pasted a image from my private idea because...
TF-Monthly
View-Long Term
Entry-Above BoS level (WCB)
Risk taker enter at CMP (2485)
Best for Investing purpose.
Levels-Given on chart
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I am not a SEBI Registered. This analysis is purely for educational purposes only.
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If you gain some learning from this chart, then please like this post for more reach & also do comment if you have any questions regarding this.
Hi every one
pdidilitind share stock you can start investing future option or cash market
ready to breakout
I identified this prebreakout stock for you guys
