PIIND – Trendline breakout – 15% upside potential
PIIND has been under sideways correction for the last 9 months. It has given trendline resistance breakout and trading above previous swing high of 3900 zone. Looks strong, if the momentum continues, we can expect 4000, 4200, 4400+ levels in coming days.
SL: Daily candle close below 3880.
SL: Daily candle close below 3880.
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.