PIIND trade ideas
PI Industries Ltd. PI Industries Ltd.
The stock is trading above the resistance level and at 52 weeks high.
Technical indicators are bullish.
***TRADINGEDGE TIME-TREND INDICATOR IS BULLISH***
***TE BANDS ARE IN GREEN ZONE***
If price trades above 1990 level more upside is expected.
KEEP AN EYE!!
#tradingedge_academy #SMTA_institute
***this is my personal view. Please take advice from your financial advisor before investing.
PI Industries - Verge of a breakoutAnother strong company which is doing very well is on the verge of a breakout.
Long above 1640 with SL below 1590.
PI Industries - Buy Idea if able to sustain above 1655Buy PI Industries if it sustains above 1655 for long term target of 2000 plus
Short PI Industries.The stock already gave a breakdown.
It also crossed 200 EMA.
We will have to wait for the stock to cross the trend line because we have a green Ichimoku cloud support in 1-hour timeframe which might act as support and stock might bounce back.
PIIND Look for shorting PIIND at major resistance.
Look for any reversal candle sticks pattern for shorting opportunity
Levels mentioned on chart
PI Industries - Momentum above 1550 As i have been bullish for the longest time in the chemical space, another company which could do well in this space. Long above 1550 where it could catch some major momentum for a quick move up. SL 2% below purchase price.
PIIND can touch Rs 1125buy around @1080
target1- 1095
target2- 1110
target3- 1124
stoploss - below 1065
#PIINDMomentum restores on D and W timeframe
Strength close > EMA 5
CCI W > 100
PinBar Broken with strength
#PIINDMomentum restores on D and W timeframe
Strength close > EMA 5
CCI D > 100
BO12 formed .. bottom confirmed
Breakout in PIINDThere is breakout in PIIND
There might be some retracement at this all time high level.
Once it crosses its all time high, it can go further up and achieve the target as per show on the chart by Fibonacci tool
PI IND BULLISH DIVERGENCEPI IND Showing bullish divergence on hourly chart, bouncing of support 1232 twice. Wait and watch for confirmation signal above 50 RSI.
PI INDS - TOWARDS NEW HIGHS??PI INDS DAY CHART SUGGEST THE SHAE PRICE IS INTERESTED TO GO FOR NEW HIGHS.
LET THE TRADING BE DONE ABOVE 1230 LEVELS, THEN ENTRY CAN BE DONE WITH A MEDIUM TERM TARGET OF 1400.
This is just for education purpose: Details are mentioned on chart.
Trade own your risk. this is just for information and education purpose.
Ultra bullish chartStrong support at 928. Presently crossed resistance and this becomes support at 1172. Intermediate term target is 1450 or above.
Long Turm Investment After Sideways Zone Breakout in PI INDUSTRISideways Zone Breakout in PI INDUSTRI above 1750. Also it is in a strong Uptrend from 2018.
