NSE: Pidilite Industries Buy Scenario Possible Buy at Current level with Stoploss 1605
Target 1 - 1630, 1669 and 1699
Corona Beer will have higher weightage for downside scenario!
PIDILITIND trade ideas
Pidilitind , heading towards !!!Likely moving towards 1655-60 on the upper side.
keep the resistance in mind for the upcoming days .
PIDILITIND CASH: LOOKS GOOD ABOVE 1563.10PIDILITIND CASH
27 FEB 2020
LOOKS GOOD ABOVE 1563.10
STOPLOSS 1553
TGT 1569.50-1572/1580/1588
CMP 1553.05
[Positional] Pidilite Short IdeaAs per charts.
NOTE - Till Corona virus is here, crude will not rise, and till crude doesn't rise, it won't fall.
PS: @chandansaha 's trade
Short sell set up ( Up coming ) One can wait for short sell set up , as it is , its not ready for short sell , it might spike and then turn down ,
One can wait for strong bearish close on daily before taking the trade ,
and it will be positional trade , Patience is key for Good earnings
Good luck
PIDLITIND Hammer Pattern formed ..Short term bullishPIDLITIND hammer pattern formed in daily Chart.
Short Term Target : 1578,1599,1627
SL:1520
PIDILITIND CASH : LOOKS GOOD ABOVE 1580.10PIDILITIND CASH
04 FEB 2020
LOOKS GOOD ABOVE 1580.10
STOPLOSS 1565
TGT 1594-1595/1608/1620
CMP 1557
PIDILITIND Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
DIVERGENCE IN 4 HOURLY CHARTS - PIDILITE INDUSTRIESThere was a negative divergence been seen in the stock Pidilite industries that shows a probable fall in the stock in the near future trading sessions.
