PIDILITE IND LONG TERM BUY 20% UPSIDE POSSBLEPIDILITE HAVE STRONG PRODUCT BASED BUSSINESS,IN MY PERSONAL VIEW IT CAN OFFER AN 20% POTENTIAL UPSIDE.
PIDILITIND trade ideas
Pidilite - BUY SHORT TERMPIDILITE
CMP 1123.80
HA Candles broke the resistance line and closed above it.
MACD line is above the signal line and going upwards above 0 line.
The stock is in an upward trend and HA candles is above the 20 EMA which shows positive upward movement.
30-40 points of upward movement can be achieved. It may show strong movement if it crosses 1180-1200.
As of now it's a positve buy.
Pidilite weekly chart... shortLooks like it has consolidated & candle patterns suggest major fall till around 980 once it break 1050
I would place SL at 1100
I am an amateur & my analysis may completely go wrong - would request experts to provide comments
#PIDILITINDTop is confirmed
2 Red Strength Candles (lowest low)
CCI-34 W crosses below 100
The stock to move sideways
unless moves > 1195.40 with strength
PIDILITE IND LOOKS GOOD TO SELLPrice dropped from the overbought area and this is a clear indication that buyers are losing control from top and seller are trying to control the market and we have got our LL/LH formation for a downtrend continuation.
Pidilite Trading IdeaPidilite Commodity Cost inflation is a concern for FY19 earnings. If the black line is broken CBSL basis it will be hell run. Meanwhile, I will sell it for intraday if the previous day's low is taken out (Gap down won't be considered; in that case will sell if it comes from above only and aforesaid price.)
PIDILITE-SHORTNegative divergence between Price and RSI. The stock has touched the top of the trend line about 6 times but was unable to cross it. Today it tried a break out but was pushed to the lower end of the channel, with above average volumes. Today it also formed a Bearish Engulfing candle.
Target 1035 and SL is at 1115.
This is a personal view and the sharing is only to seek educational views. Please do not in any manner view this as advise, suggestion or recommendation for any sort of trading, whatsoever.
I am not SEBI registered too.
PIDILITE: Watch & ShortBearish BAT: Last LEG in Progress.
Rest mentioned on Chart.
Education Purpose only.
For trade decision consult with Financial advisor.
PIDILITIND Symmetric triangle breakoutPidilite Industries Limited given good breakout with volumes on daily time frame!! Stock forming symmetric triangle pattern and has broken to upside of the pattern indicating continuation of existing uptrend. Ride for 100 to 120 points upside with stop below 900
pidilitechaneel breakout + at strong ress level.
if sustained above that level will move up else it ll retest the ress level and will come down and the ess level will become support.
Pidilite long term uptrendMACD crossover on 12th Feb and close above Ichimoku cloud upward limit (21st Feb)
Target: Open
SL: 885
