PIDILITE INDUSTRIES | STRONG SUPPORT, UPSIDE SETUPPidilite Industries LimitedNSE:PIDILITINDtrailingtradesc85cd5c9f87345fbstock is currently trading near a strong rising-channel support zone around 1600–1630, making this an important level for the upcoming move. Based on the recent price-action behaviour, the stock has historically shown corrections of approximately 5–6.5%, followed by stronger upside moves of nearly 13–13.5%. If this pattern continues, the current correction appears to be largely completed near the 1600 support zone. Bullish Scenario As long as the stock sustains above 1600–1630, the broader structure remains bullish. A decisive breakout above 1700 can open the way for: Target 1: 1750 Target 2: 1800 The price structure and rising channel continue to favour an upside approach, provided the key support remains intact. Bearish Invalidation The major concern begins only if the stock decisively breaks below 1600. A sustained breakdown below this level could indicate a structural change and may trigger a deeper correction towards: 1500 1450 Key Levels Support Zone: 1600–1630 Breakout Level: 1700 Upside Targets: 1750–1800 Major Breakdown Level: Below 1600 Downside Levels: 1500–1450 Overall View: Bullish above 1600–1630. A breakout above 1700 can strengthen the upside momentum, while a decisive break below 1600 would invalidate the current bullish structure.