PIIND trade ideas
PIIND.. a trend to start??PIIND tested weekly 200 dma and formed a base..
also it is holding 200 daily moving average..
it has moved sideways for a while now on weekly charts and hasnt been much affected by markets..and held important support
might start to move up..
NOTE: this is my personal view only.. please do due diligence before tradin/investing
PIIND - LongDouble Bottom Breakout.
Buying pressure could be seen on Weekly chart.
Buy - 785 - 795
CBSL - 748
Target - 880
P I Industries inching back upGood possibility of PI moving to 964. A breach of this level to the upside can take the price to > 1000. Stop at the previous swing low 850.
PI Industries for a Swing TradePI Industries rebounding from the Golden Ratio, long for a target of 50 points from CMP
PI Industries - MonthlyThe stock failed to cross the 872 mark on a closing basis after many attempts, however it has given a clean break out this time with good volumes! This should definitely be watched out for!
Long - PIINDThe stock is trying for a breakout and is testing the previous resistance.
But it is currently in overbought zone. So expecting a mild pull back to support around 880 levels.
It can be a good investment stock at that level to long
PI Industries Out Of Falling ChannelBuy Range : CMP or at (price range 760-770)
Targets : 805-830-860
Stoploss : Below 720
Rationale :
Witnessed a breakout from a Falling channel consolidation (Black parallel lines), in previous trading session with sharp surge in volumes.
Oscillator turns positive & heading upwards. 14-RSI is coming out of oversold zone giving break above its own trendline.
Slow stochastic has generated a buy entry
PI Industries Ltd:814. Target 1200 in an year.PI Industries Ltd:814 is a good stock in Agrochemicals like Bayer,
to have in one’s portfolio. Target 1200 in an year.
support: 787 (A shabby movement in doesn't allow to give a closer Stop Loss)
Assumes that we are in 3 of (5). There are many
internal waves in wave (5), seem to have an extension
in wave (5). Currently we are in sub wave ,
moving in a complex way. On completion of PIIND
will move to new high. A trade below 693 will negate this count.
The sector having a slow move will affect a bit.
PI INDUSTRIES. An ascending triangle formation is seen on daily charts. A breakout above the upper trendline will give TGT of Rs 1000. SL a little deep at 830.
Disclaimer: I am a novice at charting and this chart is for educational purpose only. Views and opinions are welcome.
PI INDUSTRIESPIIND looking good on chart now pi also want to come in 4 digit stock with sl 800 tgt 1100-1300
