Pidilite - Cup & Handle Pattern!!!Pidilite Industries has broken cup & handle pattern. looking for a target of 3400+. Other factors:
1. MACD has become positive
2. RSI is above 60; showing bullishness
3. Fundamentally, highest TTM sales and profitability
"Clean Charts, Easy Charts"
Learning & Earning!!!
Cheers!!!!
Chipka le Saiyan Fevicol Se - sahi se chipak jaoPidilte fut is making higher highs/lows on daily charts & it made descending triangle pattern on an hourly chart with decrease in OI suggesting shortcovering.
Although it didnt gave breakout yet but i am pre empting that it ll.
Could be bought here or on breakout of 2711 with mentioned stoplos
Pidilite Industrie FuturePidilite Industrie Future
CMP:- 2482.50
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 lev
PidilitInd: Good Risk/Reward Setup CountrTrend Reversal TradePidilitInd 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.
Disclaimer :
Tr
See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Frequently Asked Questions
The current price of PIDILITE INDUSTRIE FUTURES is 3,141.40 INR — it has risen 2.18% in the past 24 hours. Watch PIDILITE INDUSTRIE FUTURES price in more detail on the chart.
The volume of PIDILITE INDUSTRIE FUTURES is 420.50 K. Track more important stats on the PIDILITE INDUSTRIE FUTURES chart.
The nearest expiration date for PIDILITE INDUSTRIE FUTURES is Sep 30, 2025.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell PIDILITE INDUSTRIE FUTURES before Sep 30, 2025.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For PIDILITE INDUSTRIE FUTURES this number is 4.03 M. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for PIDILITE INDUSTRIE FUTURES shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for PIDILITE INDUSTRIE FUTURES. Today its technical rating is strong buy, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of PIDILITE INDUSTRIE FUTURES technicals for a more comprehensive analysis.