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Pidilite

Discussion in 'Technical Analysis' started by akhtar80, Jul 19, 2017.

  1. akhtar80

    akhtar80 Responder

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    Hi Shabbir,

    Pidilite has come down today to 797 and is trading below 10sma and volumes has seen surge.

    What is opinion on the current situation?
     
  2. siva934127

    siva934127 Member

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    Better not to buy at this time.
     

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    raja_praveen likes this.
  3. shabbir

    shabbir Administrator Staff Member

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    My view is long term and if you have similar view, 780 is a good support in the uptrend to get into it but then it is being purchased in an uptrend and so valuations may not be right for investment.