Stock Radar: Pidilite Industries finds support around 21-EMA after hitting record high in September; time to buy?

The stock reached a record high of Rs 3,414 on September 30th but has since retreated to Rs 3,177. Despite this pullback, the stock remains in an uptrend that began after breaking through the Rs 2,800 resistance level in August 2022. The 21-week exponential moving average has provided consistent support since November 2023, suggesting the uptrend may continue.