PIDILITIND trade ideas
Pidi-lightanother one with all obvious things to happen. the question is will it make or break !!! right on the verge, next few days are gonna be interesting.
PS: ignore the smile :P
PIDILITE..TRIPLE TOP??Pidilite might be forming a triple top.. an ideal stock to short it..
It failed to cross the top the 3rd time..
note: analysis is my personal view only..
feedbacks are welcome..
Pidilite Positional Buy" Margin trading is NOT recommended. Do your own analysis before initiate trade."
Buy Below 1163
Target 1290
Stop Loss 1026
Duration 15 Trading Days
Pidilite Industries: Is this another Wyckoff Stopping Action ?Have a look at the price action in volume signature highlighted in the chart. Am watching this stock with interest if there is a turnaround in price at prior resistance. Interesting case study for sure !!
PIDILITIND PIDILITIND BUY @T ENTRY : 1195
STOP LOSS : 1127
TARGET 1 : 1212
TARGET 2 : 1217
TARGET 3 : 1229
TARGET 4 : 1263
double top ! will pidilite go to 900? close below 1015 today would be confirmation as 1015 is 200 dma and that is also important support for the stock
PIDILITE READY FOR REVERSALLong Wick Candle - Rejecting the price seems there could be reversal from this support level as price seen bounce off from this support two time in past.
Bearish below 1020/1010Pidilite may become bearish below 1020/1010. however the monthly demand levels are still intact. chances of a move on the downside are higher, looking at the current market conditions
#PIDILITE CASH : LOOKS GOOD ABOVE 1150.1#PIDILITE CASH
05 SEPT 2018
LOOKS GOOD ABOVE 1150.1
& DIPS IF ANY 1145-1146
STOPLOSS AT 1138
TARGET 1158-1160/1168-1170
CMP 1135
