INTRADAY / SWING TRADE
PI IND Looking good for Downside..
When it break level 3622 and sustain.. it will go Downside...
SELL @3622
Target
1st 3594
2ND 3558
PIIND AUG FUT – 6 LOT (Qty-1500)
MINIMUM 10L CAPITAL
Enjoy trading traders.. Keep add this STOCK in your watch list..
Investor are welcome..
TRADERS HOLD SWING TRADE FOR LONG TARGET
PI Inds Cmp 3631 dated 14-7-2023
1. Reversed from support line.
2. RSI divergence
3. Good RRR
Buy above 3640 tgt 3675-3750-3800-3850 SL 3580
It is just a view, please trade at your own risk.
In 15 Min Time frame. PIIND has given breakout from a range.
20 EMA Support is also there.
Plan for 1:3 Target.
After that trail SL for higher targets.
#PIIND...
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a good movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
📊 Details
PI Industries Ltd is a leading player in the agro-chemicals space having strong presence in both Domestic and Export markets. It has state-of-art facilities in Gujarat having integrated process development teams with in-house engineering capabilities.
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered...
PI Industries NEXT SET up - breakout
look interesting for breakout at current triangle cmp 3612
follow up action will there for 3700
range will be activated
NSE:PIIND
PI Industries according to me is an investment grade stock and it has confirmed its breakout after showing a bit of scare last week. Hold for long term, Stop Loss can be at 3630.
Stock is really good for long term, recently it has done the acquisitions in the pharma API and intermediates business, it will be earnings and value-accretive.
PI Industries (PIIND; CMP: Rs 3,066; Market Cap: Rs 46,512 crore), a leading player in the global CSM (custom synthesis manufacturing) export business, announced on April 27, 2023, that some of its...
The stock has cleared its horizontal resistance level of 3535 decisively, suggesting continuation of longer term up-move.
The breakout has come after a significant time (9 months) spent below 3535. Usually, this suggests that the rally now could be strong.
Bullish outlook remains valid as long as price sustains 3500.
PI Industries showing the breakout on monthly this is a weekly chart that is represented check on monthly something is cooking in this today's volume and Delivery is very great.
If this perform, I will update next TARGET,
SL is most important
CMP : 3615
TG : 4100
SL : Below 9 week EMA (or as your knowledge)
R/R : 2 times (Risk to Reward)
Stock's...
PIIND is showing strength and has given V shaped recovery from the bottom asfter the results.
If it closes above 3500 on Monday then can be bought for targets 3600,3700,3780 ATH.
Please check my previous charts for accuracy.
This scrip is in a beautiful uptrend and consolidated for nearly 2 years. It has given highest monthly close on May 31, 2023.
Targets unfolding 4200-4500-5300
