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PIDILITE INDUSTRIES LTDPIDILITE INDUSTRIES LTDPIDILITE INDUSTRIES LTD

PIDILITE INDUSTRIES LTD

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PIDILITIND trade ideas

PIDILITIND: High-Probability Trade Setup1️⃣ Current Market Structure & Fibonacci Setup The price is currently in a corrective wave, forming a potential ABC pattern from the swing high of ₹3,385.40. The correction aligns with the crucial 113%-127% retracement zone, a powerful reversal area often referred to as the golden extension zone. Support Zone: ₹2,945 - ₹2,886 (Demand Zone) Golden Retracement Zone: ₹2,817 - ₹2,850 Stop Loss: Below ₹2,817 (Day Close Basis) Target Zone: ₹3,332 - ₹3,364 (Volume Imbalance Zone) 2️⃣ Why is the 113%-127% Retracement Zone Important? Liquidity Grab: This zone often acts as a "trap" where liquidity is taken before the market reverses. Reversal Point: It overlaps with demand zones and volume imbalances, making it a high-probability area. Harmonics: Possible completion of a corrective wave C in this range, signaling a potential trend reversal. 3️⃣ Volume & Break of Structure (BoS) Volume Imbalance: The price has left a gap at higher levels, which will likely act as a magnet for future bullish moves. Break of Structure: A breakout above ₹3,075 will confirm bullish continuation toward the ₹3,332-₹3,364 zone. 4️⃣ Trade Plan with Confluences Entry Zone: ₹2,945 - ₹2,886 Stop Loss: Below ₹2,817 (Day Close Basis) Target 1: ₹3,162.35 (Immediate Resistance) Target 2: ₹3,332 - ₹3,364 (Volume Imbalance Zone) Confluence Factors: Price nearing a demand zone with FVG overlap. 113%-127% retracement aligns with Fibonacci and market psychology. Wave C correction appears to be completing. 5️⃣ Risk Management Always prioritize risk management in your trades. Position sizing should align with your risk tolerance. Monitor price action near ₹3,075 for confirmation of bullish strength. If the price breaks ₹2,817, reassess the setup. Key Takeaway : Pidilite Industries offers a great educational case study on using Fibonacci, demand zones, and structural analysis together. The golden retracement zone and volume imbalance make this a high-probability trade idea for both swing and positional traders. If you find this analysis insightful, drop a like 👍 , leave your thoughts in the comments, and follow for more educational market insights! 📊📈
NSE:PIDILITINDLong
by LiveTradingBox
[Positional] Pidilite SnR IdeaNote - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.) "Intraday" -means You must close this position at any cost by the end of the day. "Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. ======= I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share. ======= Like - Always follow a stop loss. In the case of Intraday trades, it is mostly the "Day's High". In the case of Positional trades, it is mostly the previous swings. I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives
NSE:PIDILITINDLong
by Amit_Ghosh
1
PIDILITE S/RSupport and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. 20 EMA (Exponential Moving Average): Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory. Combining RSI with Support and Resistance: Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal. Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:PIDILITIND
by zenthosh
**Pidilite Industries Ltd Technical Analysis**Here is a professional summary of the technical chart for **Pidilite Industries Ltd**: --- **Pidilite Industries Ltd Technical Analysis** The price action of **Pidilite Industries Ltd** (NSE: PIDI) is currently trading at ₹3,270.80, showing a steady uptrend with recent gains of +1.15%. The chart highlights several key levels based on Fibonacci retracement and technical indicators. - **Support and Resistance Levels:** - **Immediate Resistance**: ₹3,525.00 (0.00% Fibonacci level). - **Key Support**: ₹3,056.30 (38.20% Fibonacci level) and ₹2,911.50 (50.00% Fibonacci level). - **Strong Support Zone**: Around ₹2,766.75 (61.80% Fibonacci retracement). - **Trend Analysis**: - The stock has been in a consolidation phase around the ₹3,000 to ₹3,300 range but shows signs of breaking out above the resistance levels marked by the upward green arrows. - **Final Target**: If the price continues its upward movement, a target around ₹3,525.50 is projected, as per the chart analysis. - **Moving Averages**: - The 50-day and 200-day moving averages are currently offering support, indicating a bullish trend. - **Volume Trends**: - The volume profile suggests an accumulation phase, with higher trading activity around critical support levels. Breakout volume surges could lead to stronger upward movement. - **Partnership Announcement**: - A noteworthy fundamental update highlighted is Pidilite's exclusive distributorship of CollTech's product range in India, which may positively influence the stock by increasing its footprint in the electronics industry. --- **Disclaimer**: *This chart and analysis are for study purposes only and should not be taken as investment advice. Please consult your financial advisor before making any investment decisions.*
NSE:PIDILITINDLong
by AngshumanSaikia
SWING IDEA - PIDILITE INDUSTRIESPIDILITE 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 : 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
NSE:PIDILITINDLong
by Visionary_Growth_Insights
Buy Pidilite above- 3000 Target- 3550 SL- 2750Pidilite Industries Limited is a leading manufacturer of adhesives and sealants, construction chemicals, craftsmen products, DIY products and polymer emulsions in India. Most of the products have been developed through strong in-house R&D. Our brand name Fevicol has become synonymous with adhesives to millions in India and is ranked amongst the most trusted brands in the country. Some of our other major brands are M-Seal, Fevikwik, Fevistik, Roff, Dr. Fixit, Fevicryl, Motomax, Hobby Ideas, Araldite. Company is almost debt free. Company has been maintaining a healthy dividend payout of 41.4%
NSE:PIDILITINDLong
by mayuresh227