PIDILITIND bullish buy "PIDILITIND bullish," it seems that the overall sentiment is positive, with many analysts and technical indicators suggesting a potential increase in the stock price
PIDILITIND
Pidilite Industries Ltd Approaching Key Resistance➡️ Resistance at ₹3,300, Awaiting Bullish Breakout
➡️ Target on breakout: ₹3,400
PIDILITINDNSE:PIDILITIND
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
SWING IDEA - PIDILITE INDUSTRIESPIDILITE INDUSTRIES looks good for a swing trade. This stock is a fundamentally strong and is now available at a discount as per technicals.
The Reasons are listed below :
Strong support at 2250-2300 levels.
Formed a strong bullish engulfing candle on weekly timeframe.
0.382 Fibonacci support.
Broke falling wedge pattern i.e a bullish sign.
Holding onto 2450 levels from last 2 weeks.
Target - 2735 // 2918
SL - 2300 on closing basis
PIDILITIND:: @Triangle BreakoutA strong demand is identified in this stock at 2300 levels...
facing resistance at 2800 levels...
Price is ready to breakout from this resistance levels...A traingle pattern is detected in this stock..
if price breaks this range will get sharp moment to the upside...taken the trendline support multiple times...if price breaks the bullish trendline will look for short side.
wait for the price to break upside...keep an alert in this stock at 2900 levels..
no sign of bearishness is observed in this stock.
My view on Pidilitind Pidilitind forming double bottom on 1 day time frame.
Giving breakout above 2796 level.
Looking tgt 2840-2860-2900++
in very short term.
Keeping on radar Pidilitind 2800 CE
Pidilite Investment OpportunityThis script is at weekly support.
you can add it in your long term portfolio.
{PIDILITE}:{SHORT for 3:1}
Price has reacted to a Monthly Supply (Left Side) to reach The Fresh Monthly Demand, basically this is a PPullback before the Upward Impulse, still the Reward to Risk ratio is favourable hence shorting,
The Exit is @ Monthly Demand Entrance so Exit on Time is as critical as the Entry,
ENJOY THE RIDE ! ! !
PIDILITIND CONOLIDATION BREAKOUT SOON!!The price consolidating itself near demand zone from a very long time. Price respects the support level of 2240 and takes support & moved towards upside to the breakout level. If price breaks the levels of 2355 and closes than we can expect good upmove in coming days.
#PIDILITIND📊
👉Keep in watchlist
👉Breakout Possible above 2855+ Close
👉Support At 2240
👉Good Consolidation near Demand Zone.
👉Above Breakout , Good move possible towards upside.✅🎯
PIDILITIND : Strong support zonePIDILITIND is trading in box range since long time and near strong support.
Good RR if we have breakout of Box range.
Levels are marked on chart for intraday. Follow price action and become Price action chart Specialist.
Like, Share, Comment for regular updates.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
I may be 100% wrong as its my personal trade.
First Learn and then remove "L"
it making channal pattren it making channal pattren and above the 44 moving avarage line so it may go long
PIDILITIND Ltd - Perfect breakout from channel Pattern🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
PIDILITIND - Bull Pennant breakout - Swing TradeThe above analysis is done purely on basis of Price Action & Chart Patterns.
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself. Entry can be either above the breakout candle or on small pullbacks as well.
The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management.
Feel Free to comment or message me for any query or suggestion regarding this stock or Price Action Analysis.
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups.
Pidilite_Educational viewPossible upside potential upto 2060 before 20/01/2021
Provided:
if it breaches, 1752 by or before 28/12/2020
During this period:
Immediate support would be 1625
if it gets into consolidation, then range would be 1574-1630
Strong bottom support: 1480
Only an educational view
PIDILITINDTargets are mentioned.
The share is in perfect uptrend .
Currently share is in strong uptrend and supported with good volume.
Share comparatively performed better than market.
Perfect time to entry when the it breaks the resistance region.
Strong breakout above 1450 requiredHovering around strong resistance zone. If it breaks out above 1450 then next target is 1492.
PIDILITE Industries shoing reversal from its support level.NSE:PIDILITIND
PIDILITE on daily chart taken a goods support and showing reversal.
Whats looks interesting here is the price and volume movement at its support level one can check the chart and observe the same.
There is nothing too much complicated here everything is just nice and simple as I expected.
For positional traders its looks bullish on daily chart with SL 1270 Targets are mentioned on chart so do check.
Pidilite ready for breakoutPidilite is gearing up for break out... wait till breakout and ride the trade
