CHART SPEAKS -

PIDILITIND

is a leader in its segment and looks attractive on the chart. The share price is in an uptrend, and we can observe an inverted head and shoulders pattern on the daily chart, which is a bullish signal. A potential breakout is expected above 3140. If the breakout occurs, we anticipate 3340 as our first target, followed by 3400 as the next target. The MACD on the daily chart is showing a bullish crossover. On the weekly chart, there is a trend line, and the stock has reversed from this point, leading to an upward trend. We should set a stop loss at 2930. Disclaimer- As a SEBI registered Research Analyst with NISM certification, I want to emphasize that these credentials do not guarantee success in any trade. Investment in the share market is subject to market risk, and past performance is not indicative of future results. Recommendations are for informational purposes only and should not be considered as buy or sell advice. Please conduct your own research and consult a financial advisor before making any investment decisions. We will not be liable for any losses incurred from using this information.