PIDILITE - RISING WEDGE PATTERN Greetings ! Price movement has gradually formed a rising wedge pattern. This is a bearish pattern on breakout.
PIDILITIND trade ideas
PIDILITIND (Breakout) Continuously Consolidating in a RangePidilite Industries Limited ( NSE:PIDILITIND ) is continuously Consolidating in Range Zone (Trandline Zone). This can become a very good trade for intraday traders.
Chart Published By Ravinder Sharma
Pidilite showing an up movePidilite has been idlying for a while where 3 months return stand at only 5 %. Stock has consolidated and now showing signs of breakout. In a swing trade target can be taken at 1514 with support at 1375.
RSI is looking strong at 60 with MACD line moving northwards. A beautiful chart.
Note - No recommednation or suggestion. Please do your own Analysis. Please consult your financial advisor before investing in stock markets.
[Turtle] Pidilite Pair TradingSelling 1400PE of Pidilite to compensate the extreme moves of Asian Paints.
Pidilite's main ingredient comes from Vinyl Acetate Monomer, a derivative of crude oil.
Asian Paint's main ingredient also comes from Crude oil.
So adding as a pair trade to this strategy -
Shorting PE means bullish view.
TNM-SUPPORT RESISTANCEThis indicator is to be used for the simple support and resistance and tool for the mentioned time frame only
Kindly use the same at your own Risk and verify before using the same
Pidilite best buy 1422 to 1412 SL- 1312 TGT 1 - 1512, 1532 & 158WAIT FOR LEVELS TO COME.
* FOR EDUCATIONAL PURPOSE ONLY
Have the Big players just entered?Spinning top candle formation after many bearish candles
Bigger Green Volume Bar
MACD positive
Pidilite The stock is taking support at EMA 21 levels and likely to retest 1450 and beyond levels. Entry around 1407
PIDILITE INDUSTRIE is in triangle pattern, short term Target 420PIDILITE INDUSTRIE is in triangle pattern, short term Target 420. If triangle breaks in upside big up move towards 1500 possible.
NSE:PIDILITIND
