Trade ideas
Ready to short PIDILITEAs the chart suggests, there is a distribution phase has been started in Pidilite Industries. Lets wait for the confirmation to break below the levels shown in the chart as the volumes are decreasing interestingly day by day and if the Index slips back in the territory of 10800, we may see good corrections in this stock, However the stock is in bullish tone and will be buy on dips for long term bet.
#pidilite Bearish Crab @in_tradingviewNSE:PIDILITIND
Pidilite Bearish Crab
Short Zone 1378 - 1385
SL 1405
T 1358 1345 1327
Investment idea.1- Beautiful rang break out .
2- Company is virtually debt free.
3- Company has a good return on equity (ROE)
Tack record: 3 Years ROE 26.42%
4- Company has been maintaining a healthy
dividend payout of 31.89%
This fevicol is strong!!Stock given fresh breakout and good to enter at 1310 or above for the targets 1375/1400. SL 1285
PIDILITE - SHORT OPPORTUNITYPidilite going towards Weekly Trendline. Possible reversal from Weekly trendline.
Targets are shown in Chart
Targets Shown in Chart can be achieved by 3rd week of Sept.
pidilitebearish butterfly pidilite
sell 1394 to 1396 sl 1305.8
tgt 1383 ,1375 ,1369 ,1360 cmp 1659.75
pidilitePidilite long if it closes above 1372
it can retrace to 1300 level also one can go long after the bounce from 1300 level
PIDILITE ShortWISHING EVERYONE HAPPY INDEPENDENCE DAY
Please have a look at the chart, Sl and Trg will be updated if prediction works, plan your trade accordingly.
Regards,
Sharma Yogesh
PIDILITE IND SHORTNSE:PIDILITIND
Only for education and information purpose. Should not be taken as a trading call
IT LOOKS LIKE A SHORT CAN BE TAKEN AT D POINT LETS C HOW IT WORKS
CHART BY HARMONIC LEARNING AND EARNING
Pidilite Long06 Aug 2019: Good results from Pidilite. Better than expectations. Can see the stock going up as ascending triangle pattern forms. If the next candle closes above 1310 then huge upside can be seen in the stock. CMP 1308.70. T1- 1330, T2-1360, T3 - 1400; SL - 1278.
PIDILITE INDS - GOOD PERFORMANCEPIDILITE INDS SUCCESSFULLY CLOSED ABOVE THE 1300 LEVEL (PLS SEE MY POST ON 03RD AUG).
NEXT LEVELS SHOULD BE NEAR 1375 LEVEL.
AS THE Q1 FIGURES ARE GOOD-
Net Sales at Rs 2,016.81 crore in June 2019 up 9.96% from Rs. 1,834.07 crore in June 2018.
Quarterly Net Profit at Rs. 292.89 crore in June 2019 up 22.72% from Rs. 238.67 crore in June 2018.
THE ABOVE 1375 WAS CALCULATED. ALL TIME HIGH IS 1400.
intraday and short-term swing callintraday and short-term swing call NSE:PIDILITIND
* VALID ONLY 2 DAY NOT TRIGGERED ENTRY PRICE IGNORE THIS CALL
Entry - Long side
ENTRY PRICE - 1270.40
SL - 1185.50
T1 - 1276.80 (FOR INTRADAY)
T2 - 1283.10 (FOR INTRADAY)
T3 - 1355.40 (FOR SWING 5 TO 10 DAYS)
PIDILITE (Pidilite Industries Limited) BUY ABOVE 1280PIDILITE (Pidilite Industries Limited) BUY ABOVE 1280
