Triangle pattern Should keep a tab on this scrip, high volume with downside rejection - Disc : Not a recommendation
PIDILITIND trade ideas
Pidilite Industries 15m time frameIn continuation of my previous analysis, Pidilite had given a break, but since the market was sluggish and volumes were low there was no significant move. Bu the end of the session the trend line has been retested, wait for a clear confirmation or rejection in the line to enter. If there is a confirmation the next resistance should be the target.
Pidilite - Intraday Set up 2The Indicator Used:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts.
2) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
3) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence
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The analysis is my POV , hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
Pidilite Industries 1h time framePidilite Industry has been moving in a symmetrical triangle, the MA has given a death cross let's see which way does the triangle break.
Pidilitind - Triangle - Trend linePrice taking support from a raising trend line and meanwhile it forms a triangle pattern. one can wait for the break and enter the trade else one can enter long when price reaches the support line with stop loss below it.
About to breakout Previous resistance turn as support
Double bottom pattern
wait to breakout neckline
bullish candle stick pattern
Rsi bullish divergence
PidiliteTaking support at minor demand zone can bounce on hourly some consolidaton can be seen for buy above breakout consolidation
Pidilite - 4H - Cup & Handle formationEducational Post only !!
A cup and handle seems to be forming on Pidilite - 4 Hour chart.
If it holds true there may be upside movement to 2000 - 2025 zone.
Buy Pidilite IndustriesMy idea is for educational purpos.
Buy Pididlite Industries @1830 & decline for short term gain.
PIDILITIND: Correcting-Still correcting
-Expecting it to tag the monthly trend before it can change it's direction
-It can continue it's journey within the box (indicated by the black lines) as well
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Please do NOT consider these as trade recommendations.
I' am an amateur and posting these charts helps me understand the market better.
I' am open for suggestions/advice.
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HEAD & SHOULDER + TRENDLINE BREAK ON PIDILITE Expecting fall on Pidilite.
Entry : 1751.80
Slop Loss : 1798
Target 1 : 1700
Target 2 : 1650
