Tuesday, 18 August 2020

Pidilite #PIDLITIND Good Positional Play

 Pidilite Industries - Good Positional Play

  • Price Volume Action Observed over past few days today with 3x volumes with 2.2% Price Rise 
  • Closed above 50 and 200 DEMA 
  • RSI Trending at 59
  • Adx in trading zone usually a lagging indicator 
  • DI Positive Crossover 
Can try to reach for 1450, 1480 upto 1520 

Happy Investing 

Disclaimer
Invested in the stock for long term besides added few more today. This post is for further study 

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