PIDILITE 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 :
Target - 2735 // 2918
SL - 2300 on closing basis
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
Bình luận:
We are up by 7.2% from our buying price. We can hold this for target.
Đóng lệnh: đạt mục tiêu:
first target is done.
got 11%+ in this trade.
we an hold for further targets.
got 11%+ in this trade.
we an hold for further targets.
Đóng lệnh: đạt mục tiêu:
2nd target achieved - 20%+
Bình luận:
price is holding above the previous swing, we can hold our trade.
Keep trailing.
Keep trailing.
Bình luận:
This week's candle closed above the recent swing.
Momentum seems strong, we can hold this.
Momentum seems strong, we can hold this.
Bình luận:
24% ++ achieved
Bình luận:
stock has breached the previous high and is ready for a new higher high
Bình luận:
ACHIEVED 27%++
HOLD !!