PIDILITE INDUSTRIES LTD
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Pidilite Industries, Target 2700 - 3200

Pidilite Industries has given long trendline breakout and is moving towards
completing rounding bottom pattern, with some major resistance on the way
which if breached can reach higher targets.
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after rallying from 2400 to 2600, stock is correcting and near trendline support
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stock took support at trendline and continued higher..
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stock witnessed resistance exactly at the shown levels and retraced, now it is at buying zone
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Stock witnessed resistance at 2735 and is in consolidation zone, but above the support line shown in the chart.
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On 13 June, stock fell short by 50points in reaching its 1st Target of 2750 and went down facing strong resistance.

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