Pidilite Industries Limited

PIDILITE IND

186
Price has an established long term up-trend.

As per its pattern in the entire up-move, prices have taken support at the 23.6% FR Level.

The Monthly RSI has also bounced from its Oversold zone.

On the Daily Chart, price has broken out of a consolidation, which suggests resumption of longer term up-move.

We cannot define a proper target, but for a start, we can expect a new all time high at the least.

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