NSE:PIIND Observations: 1) On Daily time frame it has been taking support from 21DMA and trading above 21DMA and now it is near to it's critical resistance level of 3200. On breaout of it, there will be good up move, but if it faces resistance from it then it will be again down move. Please refer below chart : daily time frame. 2) On 1 hour time we can...
This chart is only for educational purposes. Do your due diligence before investing or trading. I'm not responsible for any profits or losses that arise from your actions. The purpose of sharing this chart is only for education, and it serves as my personal diary.
PIIND perfect breakout and swing entry As per the below analysis Camarila R4 break out Candle reversal Above moving average s
PIIND (D):- 3162 CMP,LOOKS GOOD FOR MORE UPISDE :) 1) BREAKOUT DONE :) 2) VOLUME BREAKOUT DONE
PI Industries gave a good strong breakout of a symmetrical triangle pattern, with good volume and RSI is also strong.
PI Industries had a clear breakout from its channel pattern, so give an entry with appropriate Stop loss 🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement...
PIIND is about to Give breakout. If it breaks All time high level 2930, one can go long.
Buy PIIND Closing Price - 2609.2 SL - 2480 (DCB) Target - 3000
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for trading not for investment
Good triangle setup, can give breakout.
If holds 2188 then it can restest 2400 level. 20 DEMA has crossed abv 65 DEMA. RS is also indicating strength again Nifty Index. Range has expanded after last 3-4 sessions congested trading. Disc : it's not an investment advice to buy or sell
current market price 2339 stoploss 2168 (8%) target 3163 (34%)
Note: This is for educational purpose only. There seems to be a bullish breakout from descending triangle and there seems to be a Bullish Engulfing at resistance turned support. Similar bullish breakout seems to be in RSI as well.
CAN GO LONG WITH GIVEN LEVEL. NEVER TRADE WITHOUT STOP LOSS