Trade ideas
Pidilite shortPidilite several -ve factors
- resutls down by 3%, margine down by 3%
- crude is rising
- PE is on top side
Chart patterns
- on first major support, once it brakes 1120, it should reach to 1st target of 1055
#PidilitInd Swing TradePidilite Ind. Level to be in focus for Long @ 1181-1166, Stop loss will be @ 1160.
Target will be Reward:Risk 2:1
Exit level strictly followe by R:R ratio.
If underlying will breach upward side of 1239 level so next level will be possible @ 1260, and 1290 is a strong Resistance.
BULLISH AT CURRENT LEVELS ON 31/12/2018 @ 1107.85LONG WITH UPSIDE TARGETS OF 1200 & 1268 WITH SL OF 990 AS PER MOMENTUM & FIBONACCI!
#PIDILITEIND CASH : LOOKS STRONG SUPPORT AT 1175-1178#PIDILITEIND CASH
06 MAY 2019
STRONG SUPPORT 1175-1178
CMP 1187.85
PIDILITE -ShortRSI broken. Long Unwinding. Sitting at 21 DMA
Short after Open High & break 21DMA.
Targets - 1230-1225 Sloss - 1290.
Pls do your TA, as my Charts may have different view than others.
Shooting star after an uptrend Time to consolidate for sometime before uptrend continues.
Short for the lower end of the channel. Those who want to trade safe, wait for confirmation (price gap down to 1240 and less).
LongI am still looking this could move up for one more impulse with its extended wave , this has very high probability of move up for
T1-1335, and if moved fast without any pause or weak price action , it will have follow through in next candles and possibly
it will make through T2-1380
for Fresh entry i have mentioned in chart , with pre-defined stop , buy on reversal candle
PIDILITE INDUSTRIES LONG IDEASPidilite Industries we already seen a very good rally in stock.
If it continue its trend then it should move above 1313 level with
good volume breakout in 5 min or 15 min candle then we can see some upside
level 1342-1356 as per given in chart.
I'm only sharing my ideas for educational purposes.
