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skandha1986

PIIND – Trendline breakout – 15% upside potential

Long
PI INDUSTRIES (NSE:PIIND)  
skandha1986  
NSE:PIIND   PI INDUSTRIES
Trend Analysis Chart Patterns
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trendanalysis chartpattern
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.
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