PIDILITIND trade ideas
[Intraday] Insidebar + weekend lvl 6 PIDLITINDHas been failing for 6 days, without breaking the previous day's high, with doji inside bar yestrday
Long 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.
PDH 1083
PDL 1066.15
Pidilit Support And Resistance AnalysisI'm a Novice and this analysis is done as part of my learning.
Pidilite touching its crucial level and correcting. Should hold 1138 for reversal.
Next support levels 1113, 1100, 1090, on trending up: 1167, 1180
Please feel free to correct and provide your insights. Thanks.