PIDILITIND has given bullish breakout along with good volume today from a trend line which is running from March'20. Above 1445 this should be a good momentum for long run. Kindly track NIFTY as well to ensure we have trend along with us which will further increase our probability of setup. A simple price action study of NIFTY suggest along with Fibonacci that 11100- 11150 is strong resistance area and till then we can have this bull run.
FOR MORE INTRADAY RECOMMENDATIONS & CHARTS REACH OUT.
Price action trading is a process of using price to analyze stock possible movement. Keep your charts as simple as possible so that you keep focus on most important element on chart "PRICE". If you receive any benefit from idea, appreciate by your likes/comment. If you earn from my ideas, kindly consider donating small part of your profits to those in need. Reach out if you wish to learn simplest form of price action and willing to put effort in practice.
Watchout my previous ideas to understand how easy it is to understand price action and earn from it.
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.