IIT-Trader

PIDILITIND:: @Triangle Breakout

Long
NSE:PIDILITIND   PIDILITE INDUSTRIE
A 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.

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