PIDILITE IND
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.
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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