Breakout-Ideas

Swing Trade Idea

Long
NSE:PIIND   PI INDUSTRIES
On the Weekly time frame, PIIND shows a bullish sign by breaking the all time high level resistance. It also formed a cup and handle pattern at same weekly. Both are these are the signs of bullish momentum. Looking Fundamentally PIIND delivers strong numbers. This gives a chance for investors to accumulate this stock in further trenches.

Observe the charts for the target levels (Taken from Fibonocci retracement Indicator).

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.