PIDILITIND trade ideas
PIDILITE INDUSTRIES - LONG New Breakout Trade Idea
Pidilite Industries
LTP ~ INR 1718.70/-
Consolidation Breakout At INR 1710/-
Profit Target Goal ~ TP 1~ 1850/- Shorter Term
TP 2 ~ 2000/- Long Term
Stop Loss ~ INR 1600/- Closing Below
ROI ~ 16% Long TErm Holding
RRR ~ 2.39:1.00
Note:- High Financial Strength, Expensive Valuation With Technically Moderately Bullish
PIDILITE STOCK REVIEW: BULLISH TARGET @1800PRICE BREAKOUT
SUPPORT 1600-1700 & RESISTANT 1740-1800
TREND - UPTREND
PRICE ABOVE 200 EMA
Pidilite,finally ready to fly from now.Hello traders,
Pidilite gave a breakout from multiple patterns.levels analysis and details are mentioned in the chart.
both good for swing and intraday.
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Aniket.
Pidilite ind NSE:PIDILITIND
if one can find reversal then short it for intra and then on trailing basis for swing as well but remember short only on strictly reversal as per your trading set up. as two lines one can see at D point of pattern are PRZ ( price reversal zone ).
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
PIDILITE 52 Weeks high along with good indicator setup + Risk:Reward ratio for investor's having holding period of 6-9 months.
PIDILITE breaks out of the channel with huge volume.As it is in F&O next huge move should not be expected next day.
however target shown in the chart can be achieved in short term.
please keep this in your watch list.
Pidilite Industries entered uncharted territory - Blue sky zonePidilite Industries has broken its previous resistance and has entered uncharted territory.
Buy stock at current levels . Keep stop loss at around 1600. The targets are 1900 and 2000 .
As this is weekly chart keep your investment horizon for 3 to 12 months.
**ideas are my own** please invest as per your risk taking ability **
Break-out at current levelTarget – 2200
Immediate/Major Resistance – 1700
Short Term Support – 1600/1500
Long Term Support – 1360
Chart Trend - Positive
Chart Pattern –
Recommendation - Buy
Pidilite - Will this fail this time?Buy on touch to weekly 20 EMA with stop loss below last touch low. Check since August 2013
Pidilite seems bearish!Pidilite is in a rising channel and is now close to it's lower TL, having faced multiple rejections from higher price levels. If the lower TL is broken, one can go short and expect to see 1616 and even 1608 levels to be tested in the coming days.
