Pidilite Industries Limited

Pidilite Industries (Daily Timeframe) - Potential BreakOut??

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Pidilite, though with good earnings in the past quarter has not been able to BreakOut of the support turned resistance zone. Few attempts has been made but none of them were successful. The recent past, the stock has been making Equal Highs and Higher Lows. Volume has been decent though. Short-term EMAs are in Positive Cross-Over state.

On upside, the target may be around 3234 & on downside it may go upto 3027.

Monitor the price action in the coming days.

כתב ויתור

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