It has tested that Resistance multiple times and this is the fourth time fighting to break the level. And a perfect FLAG Pattern formed. Tried many times to come below 1280 and failed. Can give bounce anytime from hereon. Short Term Target - 1400 . Keep Strict Stop Loss at 1280 on Closing Basis.
Failed to cross the Resistance and may come back and then give a bounce from 530 levels.
Took support at the Blue hilighted Line and forms a Inverted Hammer (Confirmation Green Candle also forms) . Is that the end of the down trend and will the stock picks upside momentum!! May be possible.
Long View on PIDILITE. CMP at Trendline Support and expected to go up. Wait for the Support Level Testing and a Confirmation Candle. SL at 1660. Target - 1727/1780/ and can give a Inverted head and shoulders pattern breakout upside. Good for Short Term.