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PI Industries LimitedPI Industries LimitedPI Industries Limited

PI Industries Limited

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PIIND trade ideas

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!🥂
NSE:PIINDLong
by radha_23
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.
NSE:PIINDLong
by investingedge1s
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.
NSE:PIINDShort
by Sniper-Traders
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 speed
NSE:PIINDLong
by tradergyan01
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.
NSE:PIINDLong
by Sniper-Traders
PI industries we get good profit on upside getting weak nowOn Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% .. Please note:- It's working on news based and volitile market very well so exit if SL hit
NSE:PIIND
by JaiPrakashShuklaHarmonicTrader