2 Flag Breakout in PidiliteHello!
Watch for the breakout in Pidilite, above the ranges of 1422 or 1370,
If breaks 1370 sell for target of 1370. And
if upper breakout buy for 1664 target with SL of 1249.
follow SL on closing basis as stock have some liquidity issues sometimes.
NOTE : Only for education purpose do add your common sense before making any trade, I'm not responsible for your profit or loss!
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Regards
Sanam Patel
PIDILITIND
PIDILITE Triangle Formation On Daily and Weekly ChartsPidilite is in Triangle Consolidation For Quite a Time Now And Breakout is Expected Soon,
If The Upside Breakout Follows Then We Can Expect Minimum Target of 1600 But if It Goes Beyond it Then The Other Target Would be 1700.
If a Downside Breakout Happens Then There's a Minor Support at 1350, But As Per Technical Analysis Rules Another Target Can Also Be near 1200