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Aalgo Breaths

19th Oct · SEBI Registration INH000019886

Pidilite Industries Ltd – Support Recovery & Reversal Watch

PIDILITIND Pidilite is consolidating near the ₹1,461 support zone after a sharp correction. Recent candles indicate a recovery attempt, but the broader short-term trend remains weak until key resistance levels are reclaimed. 🔎 Technical View: • Consolidation near key support • Selling pressure after a rising wedge breakdown • Recovery attempt with momentum still cautious 🔑 Key Levels: • Support: ₹1,461–₹1,440 • Major Support: ₹1,407 • Resistance: ₹1,514–₹1,568 🚀 Upside Levels: ₹1,514 | ₹1,568 | ₹1,601 📉 Risk: A sustained break below ₹1,440 may increase downside pressure towards lower support levels. 📈 Trading View: A sustained move above ₹1,514 may improve recovery momentum. Watch volume and price action for confirmation before expecting further upside. ⚠️ For educational purposes only. Not a buy/sell recommendation. — AALGO BREATHS 📊

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