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PICCADILY AGRO INDUSTRIES LTD.PP

PICCADILY AGRO INDUSTRIES LTD.

626.65INRD
+9.10+1.47%
As of today at 06:14 GMT
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PICCADIL trade ideas

PICCADIL - CnH -Consolidation BreakOut-DailyThis chart **Piccadily Agro Industries Ltd.** (PICCADIL) on the **BSE**. Here are the key technical observations: 1. **Pattern:** - An **cup-and-handle pattern** is identified, which is typically a bullish continuation setup. - The price has confirmed a breakout above the handle's resistance. 2. Consolidation Breakout: -The price has successfully broken out of the 900 resistance with strong bullish momentum. -The breakout represents the end of the multi-month consolidation phase since April 2024, confirming a significant bullish bias. - The breakout has occurred on high volume, confirming buying interest and enhancing the reliability of the pattern. 3. Measured Target: The expected upward move is calculated based on the depth of the cup: Height of the cup ≈ 165 points. Target post-breakout = Breakout level (786.15) + Depth of the cup (165) = ~951.15. This aligns with the chart showing a potential 20.96% upside. 4. **Key Levels:** Support Levels: 786.15: Now a key support after the breakout. 620.65: Strong base support for the pattern. Resistance Levels: 904.60: Immediate resistance, just below the target zone. 951.15–960.00: Projected target based on the measured move. 5. **Volume Analysis:** - Sustained increases in volume around the breakout region suggest institutional buying.
BLong
by DailyCharts03
Easy 20% return with Piccadily Agro IndustriesBSE:PICCADIL looks perfectly poised to give a solid 20% return to investors with a short term horizon. Technicals: When we see the candlestick chart on a daily basis, it is trading at 750 which lies in between its nearest support at 700 and nearest resistance of 780. The MACD indicator points in the direction of an uprise with a healthy positive value. Fundamentals: BSE:PICCADIL is a very fundamentally strong stock. It has high ROCE and ROE of 29.6% and 30.6% respectively. BSE:PICCADIL QoQ sales have increased by 62% and QoQ profits have increased by 121%. This shows it has got healthy growth going forward. Also its revenue mix is starting to be dominated by the distillery segment over its sugar segment. This showcases BSE:PICCADIL has diversified in the right direction, in turn unlocking more value for its shareholders. Trade Setup: Buy BSE:PICCADIL when it hits 780, place a stop loss at 720 and a sell order at 960.
BLong
by Aryan_Devaiah
Piccadilly Agro Industries Ltd - LongPiccadilly Agro Industries Ltd - Long Buy Zone: ₹340 - ₹364 Stoploss: ₹325.55 Target: ₹401.15 Trade and Invest Wisely with your knowledge! Good Luck! You can also see my other stock analysis and the results in my profile ideas. Please follow me, If you would like to see more ideas on winning stocks. **Disclaimer: I am NOT a SEBI registered consultant/Advisor. It is completely my view and opinion. My intention is not to provide any financial advice, training advice, or any type of advice or any recommendations on stock/Forex/Coin buying or selling. Please do your research and consult with your financial advisor before taking any action. I am not responsible for any of your actions on buying, selling, or holding the above-mentioned stock or/and index or/and Forex or/and coins.
BLong
by pmosesoliver
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