Pidilite rebounds from 1,466 sellers still control the trend

closed at ₹1,482 after recovering from an intraday low of ₹1,466. The green candle shows that buyers are responding near support, but the stock remains in a steep correction from the ₹1,700 area. Price is below the 20-day average at ₹1,526 and the 55-day average near ₹1,601. Both averages are declining and now act as overhead resistance. MACD is below its signal line with a negative histogram, indicating that bearish momentum remains active. ₹1,460–₹1,466 is the immediate support band. A break below it can bring ₹1,400 into focus. On the upside, ₹1,526 is the first technical hurdle, followed by ₹1,601. Construction activity, consumer demand and input-cost movement remain important drivers for the adhesives and specialty-chemicals business.