PIDILITIND trade ideas
PIDILITIND, Swing trade opportunityPIDILITIND is trading toward lower end of channel which it has been following for more than a year. Any upmove in stock from bottom of channel should push it toward upper band of channel.
Position to be made only when stock start making higher high from bottom of channel.
Looking very weak Big faill might be duePIDILITEIND have been under the blanket while whole market was on strong uptrend. Now that markets have come to a short term pause, but this stock still looks more weak
Setup mentioned in chart
Keep on watchlist and trade based on opportunity and market conditions