PIDILITIND Still sticking to the trend?

PIDILITE INDUSTRIES: The stock has recently rendered itself into sideways moves. The prices on the daily charts have drifted below the KS & TS lines, moving towards lead line 2 where it may find support. Breaking below it will not be favorable for the stock in the short term. It may further fall down to 1295 thereafter 1195. The momentum indicators are indicating weakness. . Our “ProRSI moblile trading application has been launched on Play Store and IOS, get high probability trading ideas in equities, futures and options. Download Now.