PI industries is currently trading at 3460.
price shows support on 50EMA on weekly timeframe.
strong candles on hourly time frame shows strength of the level.
a long swing for short term target is expected.
key levels are
3425 entry
3550 target
3366 stoploss
if price holds above all these levels for few days or week it may show targets of 3630
this is my personal view, please do your own analysis before taking any positions.
price shows support on 50EMA on weekly timeframe.
strong candles on hourly time frame shows strength of the level.
a long swing for short term target is expected.
key levels are
3425 entry
3550 target
3366 stoploss
if price holds above all these levels for few days or week it may show targets of 3630
this is my personal view, please do your own analysis before taking any positions.
Trade closed: stop reached