Pidilite Industrie Future
SL Below:- 2361.25
Targets above:- 2569.00
A strong bullish daily candle which does resemble a Bullish Engulfing pattern.
The candle has stood strong above the 20 EMA which acts as a support here.
RSI has a sharp bullish reversal and has breached the 50 level.
PidilitInd is trending in uptrend but it seems to be exhausting slowly at higher levels and ready for reversals. Reversal would be confirmed only when Hourly candle closes below 2180. Till Then we will wait.
Short Sell PidilitInd strictly below 2180 with SL 2188 Target open.
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