Pidilite Industries - Descending Triangle

٦ نوفمبر

The descending triangle chart pattern in Pidilite Industries Ltd. suggests a potential bearish trend. It forms with a horizontal support level and a downward-sloping resistance line. As price consolidates, if breakdown below the support may signal a further decline, indicating possible weakness in the stock. Traders often watch for a breakout confirmation.

Descending Triangle 60% continuation and 40% reversal.