pi industries buy zone 3500 to 3400pi industries buy zone 3500 to 3400. for long term buy only.Longby krhimanshu102
PI Industries - Excellent buy point . positional trade1) PI Industries retested 200 DMA 2) Bottom of pitchfork 3) in the AWAP buying band.by relevantJaguarc762b3
PIINDS TGT 4300 BUY ZONE 3400-3500/ BUY ON DIPSPI Industries Ltd. is an interesting chart with following 1. Price moving in a rising channel and consolidating since July 2022 2. Multiple Supports at 3460-3500 zone 3. 20 Day SMA support at 3470; 50 EMA daily support at 3490 4. 50 day EMA weekly support at 3474, 20 months SMA support at 3410 levels ABCD Pattern under formation on weekly chart with Narrowing Bollinger Bands. MOVING AVERAGE CROSSOVERS 5. 20 SMA crossed 50 SMA from below 6. 50 EMA crossed 200 EMA from below 7. Price making higher highs for last three weeks 8. Rising Returns on equity ; Rising Returns on capital Employed A Stock to keep in watch list to buy on dips at supports as channel high near 4300 can be a good target. Caution: Stock is in long consolidation since 2022 and can remain sideways as it is under performing the index and sector for a long time. Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix. Longby rajivrajeevUpdated 1
PI Ind Long at 3959Weekly trendline breaking out Daily RS going up strongly 50DC breakoutLongby trendtrader06Updated 1
PI Industries Projection for coming days(09-04-2024)Its a weekly time frame chart analysis for PIIND. It is forming a ascending triangle. And its first target will 4400. I have considered chart pattern and trend. I have also considered few other things like previous result, etc. And then i came to this conclusion which i am sharing it for study purpose.Longby skumarinsweden1
PII INDPii indusrties Triple top breakout Massive surges abv 3940 4400+ Long InvestLongby nitishsh9992
PIIND – Trendline breakout – 15% upside potentialPIIND 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. Longby skandha19860
PI IndustriesBreakout from a descending channel. Overall it is moving in an ascending channel. I like the consolidation, I like the script. Longby CuriousChartist0
Double Bottom Neckline Breakout Soon - PIIND📊 Script: PIIND 📊 Sector: Chemicals 📊 Industry: Chemicals Key highlights: 💡⚡ 📈 Script is trading near neckline of Double bottom patter, we may see breakout of it. 📈 Breakout is above 3891 level. 📈 One can go for Swing Trade only candle closing above 3891 level. BUY ABOVE ONLY - 3891 ⏱️ C.M.P 📑💰- 3867 🟢 Target 🎯🏆 - 4076 ⚠️ Stoploss ☠️🚫 - 3763 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂Longby radha_235
PI INDUSTRIES Can Give 29% ReturnBreakout from ASCENDING TRIANGLE & A CHANNEL . Shake out candle followed by volume buildup seen .Closes above shake out candle open . Can give pattern based return of 29~30% . NOT A RECOMENDATION , ONLY FOR EDUCATION PURPOSE.Educationby skmandal243317
PIIND STOCK PRICE ACTION ANALYSISNSE:PIIND I was expecting the price of this stock to reach the monthly demand zone. However, looking at the candles, it doesn't seem like the price will go down any further. Here are my reasons: The weekly demand zone is a strong zone because it took the price to an all-time high. The price has also broken through a monthly supply zone. The price is currently at the EMA20 support level. I always follow the EMA20 and I think the price can go up from here. It would be even better if the price reached the monthly demand zone. The supply zone above could react off the wall and come into our supply zone. Let's see what happens. Longby investingedge1sUpdated 3
PIIND 27-03-2024Happy learning with trading. I just shared my view. If correct give me one like. If not correct me. Points to Note: 1) bounce from support and standing at resistance (4th time). possible to breakout. 2) May we can seen new ATH. Disclaimer: I am not a Registered Analyst with SEBI and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses.by anto19891
PII IndustriesAfter lon consolidation stock is ready for massive breakout Once cross 3780 massive surges 3800 ceLongby nitishsh9992
Long PIINDTesting Highs FLush reverseal setup ( breaking down and next bar recovering and then breaking out mini resistance) Sustaining above mini resistance. high probability of resuming uptrend cmp 3730 sl 3440 target 4900Longby MountainWolf1
PI Industries Ltd. ( 18% upside potential) fundamentally strong compony in chemical sector offer attractive valuation at this price... monthly N weekly chart shows long term uptrend daily chart shows consolidation at bottom with RSI divergence conformation...Longby RISINGSTONEUpdated 334
PIIND : Booked a profit of 7.95% on the invested capitalThe overall market appears to be overvalued from a technical standpoint, suggesting a high probability of a sell-off across the market. Upon reviewing previous price action, it's evident that the market hasn't rallied significantly after consolidating pattern formations, similar to the one we're experiencing presently. Although I anticipate a 9.74% move from current price levels to the all-time high, I've opted to book profits at the current levels, securing a profit of 7.95% on the invested capital. Profit booking opportunities in the Indian market this month have been scarce, given the overall market's sell mode. Despite heavily entering positions across sectors, I believe it's prudent to take some chips off the table, particularly in a scenario like this, where the overall market shows signs of technical weakness. Furthermore, the stock is trading at a higher valuation fundamentally, providing further justification for profit booking. I'll be monitoring for a re-entry opportunity if the price falls back to the low of the higher timeframe channel. Feel free to follow me for updates on my positions and market insights. Additionally, I welcome your feedback and opinions in the comments section below this post. Other posts related to this particular position and scrip, if any, will be attached underneath. Do check those out too. Disclaimer: The analysis shared here is for informational purposes only and should not be considered as financial advice. Trading in all markets carries inherent risks, and past performance is not indicative of future results. It's essential to conduct your own research and assess your risk tolerance before making any investment decisions. The views expressed in this analysis are solely mine. It's important to note that I am not a SEBI registered analyst, so the analysis provided does not constitute formal investment advice under SEBI regulations. Shortby Sniper-Traders2
Just to Track an attempt At TA!!Good retracement can do back to the top resistance ...only time will tell. Good fundamentals, good growth in number now have to check how it plays out. Longby AdithiyaaUpdated 5
good fundamentals. nice uptrend. i expect 4000 in coming monthsgod fundamentals. nice uptrend. i expect 4000 in coming months. not a recommendation.Longby rajeshcr2007115
PIINDclosed above 50DMA 3475.56 with increased volume. Is debt free with a big reserve. Longby PratapPaul2
THE BEST FLAYING STOCK FOR A MONGTHTHE BEST FLAYING STOCK FOR A MONGTH Here the priseaction simplyed PIND stock showing heavy bullish trend according to the following reasons 1 its clearly mentioned the Trend line 2 strong support zone 3 the stock following supply and demand zone smoothly 4 . due to some foundamental analysis its gonna be a best stock for this mongth The target should be The higher resistance zone Mean.. ABOVE 41OO Entry Taking two lable 1 at trendline 2 at support zone Take action depend on the market movement AGAIN THANKS FOR PREVIOS POST 1k viewes SUPPORT skyrocket it moves are like chandrayan 3 to moon i mean a roket from the lable 3120 too 4100 😀 its called mission chandrayan from earth to moon with full speedLongby tradergyan013
PIIND : Took a position for about 2.5% of the net capitalFundamentals Robust Financial Performance: PI Industries stands out in the agrochemicals sector with a track record of robust financial performance. With stable revenues and healthy profitability, the company showcases its resilience in navigating market fluctuations and sustaining growth. But price, revenue and earnings forecast are average as per analysts. Leading Player in Agrochemical Custom Synthesis: As a leading player in agrochemical custom synthesis manufacturing and exports, PI Industries commands a strong position in the market. Its expertise and established presence in custom synthesis manufacturing underscore its capability to meet the evolving needs of customers worldwide. Institutional Holdings: The increasing stake of Foreign Institutional Investors (FIIs) signals growing confidence in PI Industries' prospects. DIIs and Mutual funds are reducing their holdings. Same with retailers. So there is no clear trend from the shareholding pattern regarding whether the flow is from strong to weak hands or not. But FIIs increasing their holding is definitely a good thing to consider. Diversified Revenue Streams: Despite its reliance on Pyroxasulfone, PI Industries boasts a diversified portfolio of patented products. This diversification mitigates risks associated with single-product dependence and positions the company to capitalize on opportunities in diverse market segments beyond agrochemicals. Focus on Innovation and Diversification: PI Industries' strategic focus on innovation and diversification into sectors like pharma and electronic chemicals demonstrates its commitment to exploring new growth avenues. By expanding its product portfolio, the company enhances its competitiveness and resilience in the face of evolving market dynamics. High Valuation: While PI Industries enjoys a strong market position, its high valuation poses a risk, especially if future performance does not meet market expectations. Dependence on Pyroxasulfone: PI Industries' significant reliance on Pyroxasulfone exposes it to risks associated with market dynamics, such as increased competition and loss of patent protection. Efforts to reduce dependence on this key product and diversify the product portfolio are essential to mitigate these risks. Entry of Competitors: Shandong Weifang Rainbow Chemical Co., Ltd. a Chinese company (Rainbow Agro) received approval to construct a Pyraxolesulfone project on December 8, 2023, with an annual production capacity of 2,000 tons in China. Rainbow Agro is a leading crop protection company that produces, distributes, and markets crop protection products The entry of a Chinese competitor into the Pyroxasulfone market presents a challenge to PI Industries' market share and export revenue. The company must assess competitive threats and explore strategies to maintain its competitive edge in the face of increased competition. Regulatory and Patent Risks: Regulatory uncertainties and the loss of patent protection for Pyroxasulfone in certain markets pose risks to PI Industries' competitiveness and financial performance. As per reports, Pyroxasulfone contributes to ~50 percent of its Pi Industries CSM revenue (custom synthesis and contract manufacturing of chemicals), it contributes to ~35-38 percent of its total revenue, and PI industries generate 80 percent of its total turnover from exports. The company needs to proactively address regulatory challenges and explore strategies to protect its intellectual property rights. Product Portfolio Diversification: PI's high dependence on this molecule Pyroxasulfone is expected to come down. PI industries is not a one molecule company and the management is very confident about their products and diversification. Technicals Took an entry for about 2.5% of the net capital expecting a potential upside move of about 18% on the invested capital. But I do realise that there is possibility for a 14% downside move in the near term and I totally accept that risk. Will re-evaluate the position size if that happens and will decide whether to add on to the position or not. As of now I'm not planning to do any more alterations to the position. Will update underneath if I does something. Longby Sniper-Traders2
pi industries come out from uptrend channelpi industries come out from uptrend channel with the support 3515 may be we can see 3078. adventage gap (3180-3078)Shortby CNKARTHIK1
Entry activated in PIIND looking good at a very good levelIts trend is an upside and it's on a very good discount then in smaller TF it got aligned with the HTF. So at a good level a good OB was their where this entry has been taken.by Adarsh556Updated 556