How to Trade PIINDPIIND, now at 3795 onJune-20-2024 :
Per pattern, this can go till 4400 by year end
Buy few at current price, buy until and on dips till 3600
FYI, i invested at 3550
PIIND
SRF : For 6 -9 month swing trade SRF: Stock is now in uptrend
a triangle breakout possibility
stock broke trend line 1 as can be seen and this time it sustained above the same for a decent three-week interval
expect this momentum to continue for targets 2850-2880 and 3200 on the upside in next two to three quarters with accumulation zone of 2200-2500
with a stop below 2120 level
My view on PIINDDouble bottom breakout
Possible in PIIND
looking good for short term
Looking tgt 4000-4100-4200++
Keeping on radar PIIND 4000 CE
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.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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PIIND--Rally base Rally This stock is continuously rising...
price is moving in a channel...observed rally from 2900 levels, taken the support from trendline multiple times...
we have a chance of continuation in this stock.
rally base rally is going to observe in this stock.
wait for the price to break the channel and it will retest to the channel again for continuation.
if failed to go long from this place price will test the demand zone at 2900 and 2500 levels...
once it failed will update the short side chart.
keep looking for long side in this stock.
PI Industries: a Power Packed Performer trying to form a bottom.PI Industries Ltd. is an Agri-sciences company with strong presence in both domestic and export market. The company has commercialized 4 new molecules during this year, which included 2 new Electronic Chemicals. PI Industries Ltd CMP is 3484.35.
The Negative aspects of the company are High Valuation (P.E. = 35.3), MFs are decreasing stake. The positive aspects of the company are No debt, zero promoter pledge, FIIs are increasing stake, improving annual net profit, Improving cash from operations annual.
Entry can be taken after closing above 3515. Targets in the stock will be 3582 and 3646. The long-term target in the stock will be 3741 and 3805. Stop loss in the stock should be maintained at Closing below 3224.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
PIIND Research Report (Rating: 8.5)Introduction
PI Industries is an integral player in its sector, and its financial trajectory demonstrates the complexities of the economic landscape it operates within. From increasing revenues to changes in profitability margins, the company exhibits a tale of growth, with some reservations.
Industry Analysis
While the specific industry isn't mentioned, PI Industries' financial metrics suggest it competes in a sector that has seen growth in recent years, evident from the increasing total revenue and income. The company has managed to stay ahead and leverage opportunities, as demonstrated by its growing EPS and CEPS.
Historic Performance
Over the past five years, PI Industries has seen an overall uptrend in both revenue and net profit margins. This growth trajectory, particularly in total income, which has been increasing at an average rate of 22.16% over the past five years, illustrates the company's strong market position and operational efficiency.
P/E Ratio Analysis
With a current P/E ratio of 40.5, PI Industries is priced higher than the industry's average. This might suggest that investors expect higher growth from PI Industries in the future or the stock could be overvalued.
D/E Ratio Analysis
With a D/E ratio of 0, PI Industries operates without leveraging any debt, indicating a strong financial stability.
Quick Ratio Analysis
A quick ratio of 3.53 signifies that PI Industries has a strong liquidity position, and can cover its short-term obligations with ease.
ROE Analysis
The current ROE stands at 19.09%, suggesting that the company is effectively generating profit from its shareholders' equity.
Net Profit Margin Analysis
Despite minor fluctuations, the net profit margin has increased from 14.35% in 2019 to 19.32% in 2023. The five-year average at 16% indicates a consistent profitability trend. The net profit margin saw a dip in 2020 by -6.76%, but recovered strongly with a growth of 25.64% in 2021.
Total Income Analysis
The total income of the company has consistently grown from ₹2,900.90 in 2019 to ₹6,429.30 in 2023. The growth rate of total income has been consistent, with the most significant rise of 30.85% in 2021.
Total Revenue Analysis
Total revenue growth mirrors the total income growth, escalating from ₹2840.90 in 2019 to ₹6270.40 in 2023. Revenue growth percentages have been healthy, indicating the company's persistent market demand.
EPS Analysis
The EPS has exhibited substantial growth from ₹29.56 in 2019 to ₹79.84 in 2023, showcasing the company's increasing profitability on a per-share basis. Notably, the EPS saw a massive 51.59% growth in 2021.
CEPS Analysis
CEPS growth is commendable as well, moving from ₹36.25 in 2019 to ₹94.28 in 2023. The increase in CEPS by 40.76% in 2023 emphasizes the company's growing cash profitability.
Interest Payments Analysis
Interest payments surged in 2021 to ₹28.10 but reduced significantly in 2022, suggesting a potential reduction in borrowings or renegotiated terms.
Interest Payments to Total Income
This ratio has remained relatively consistent, emphasizing the manageable nature of their interest obligations.
Total Income to Expenditure Analysis
The ratio indicates an improvement in the company's efficiency, rising from 1.28 in 2019 to 1.34 in 2023.
Return on Net Worth/Equity Analysis
A sharp drop is observed from 2019's 90.33% to 0.79% in 2023, indicating potential concerns in the company's use of equity. The five-year average at 46.92% is commendable but needs scrutiny considering the recent drop.
ROCE Analysis
ROCE has seen growth from 9.95% in 2019 to 10.21% in 2023, suggesting efficient capital utilization. The average ROCE over the five years stands at 8.61%, showing consistent capital employment.
ROA Analysis
ROA has improved from 4.53% in 2019 to 4.96% in 2023, displaying better asset utilization. The five-year average ROA is at 4.15%.
Financial Health Summary
PI Industries has demonstrated growth and profitability. Its no-debt status combined with increasing revenues, consistent net profit margins, and impressive EPS and CEPS growth all point to a strong financial health. However, the sharp decline in Return on Net Worth/Equity needs investigation.
Stock Rating
Considering the overall performance, growth prospects, and potential concerns, PI Industries receives a rating of 8.5/10
#IPL #UPL #FACT #PIIND #BESTAGRO #BHARATRAS #DEEPAKFERT #KILPEST#IPL
NSE:IPL
CMP: 263
TP: 300
SL: 245
TF: <6m
RR > ~2.4 times
Return > ~15%
NSE:IPL
UPL FACT PIIND BESTAGRO BHARATRAS DEEPAKFERT SHARDACROP SUMICHEM
KILPEST
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
PI INDUSTRY - Positional Trade + Keep an Eye📊 Script: PIIND ( PI INDUSTRIES LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500
📊 Sector: Chemicals ( Commodities )
📊 Industry: Pesticides & Agrochemicals
Key highlights: 💡⚡
On basis of Weekly Chart
📈 Script is trading at upper band of Bollinger Bands (BB).
📈 MACD is giving crossover.
📈 Double Moving Averages also giving crossover.
📈 Script is forming Cup & Handle pattern on weekly chart as shown into chart.
📈 Script is facing Hurdle at near 3534 level which is also Neckline of Cup & Handle Pattern.
📈 Volume is increasing along with price.
📈 Current RSI is around 64.
📈 One can go for Swing Trade above 3534.
BUY ONLY ABOVE 3534 LEVEL
⏱️ C.M.P 📑💰- 3485
🟢 Target 🎯🏆 - 4000
⚠️ Stoploss ☠️🚫 - 317
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
✅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!🥂
Long-PIInd CMO 3122PI industries consolidating above the demand zone, Probable W pattern formation. Buy CMP 3122, For a target of 3500 and stop Loss 2935
#PIIND 3302.30 LONG#PI Industries, 3302.30
Stock is trying to make an A-B-C-D harmonics pattern!
Can it do 3800 ?
PI INDUSTRY - TECHNICAL ANALYSIS 📊 Script: PIIND (PI INDUSTRIES LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500
📊 Sector: Chemicals (Commodities)
📊 Industry: Pesticides & Agrochemicals
📈 MACD is giving crossover.
📈Prices are increasing with volume.
📈 Already crossover at Double Moving Average.
📈 Stock is trading at upper band of BB.
📈 Right now RSI is around 74.
🟢 Target 🎯🏆 - 3450
⚠️ Stoploss ☠️🚫 - 3143
⚠️ 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.
Pi ind at important supportPi industries is at 2802, and at its 50wma support. And the weekly pivot is at 2851. If price crosses and close above 2851 then one can go long for a meaningful upside
PIIND - Morning Star Formation - Swing TradeThe analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
PI Industries - Top bottom tradePI Industries, is another stock that came on my radar today.
The stock was resisting 3250 levels, now it managed to come above it and also trading above it from the past 2 trading sessions.
Now the same level is acting as support and if prices manage to hold this level, it might be moving towards 3480-3500 in the coming trading session.
Trade type: swing [ 5- 7 trading session- target might achieve early as well)
Resistance Breakout and 52w HighNSE:PIIND
had been consolidating between 3350 and 3457 7-8 trading sessions.
today it has given a breakout out of 3457 creating a 52w high.
the blue bullish trend line is acting a resistance now.
we can expect a further up-move if the trend line is broken, so one can enter above 3540 for a target of your liking.
SL can be kept below 3350.
Happy Trading!
PI Industries - Swing Trade - Support of 50EMAThe purpose of this analysis is mainly to give an idea for swing trades to beginners.
The stock gives easy 20% after every dip & support of 50EMA (as can be seen in image itself).
Some plus points with the stock -
Almost Debt Free; Highest ever Net Profit & Net Cash flow and FIIs have increased their shareholding (Sept 2020).
The stock is among the leaders of its sector.
For details, check previous analysis of JKCEMENT. Analysis is linked below.
P.S - Always take care of your position sizing in any trade. Never put more than 10% of your initial capital in any one stock.
Feel Free to comment for any query on this idea or regarding price action analysis.
Also, checkout other similar stocks. One can comment their names below as well.
India's Leading Stocks (PI Industries) Running Out Of Steam?In addition to seeing the weakest sectors in India breaking to new lows, we’re witnessing some of its leading stocks run out of steam over the short-term. Here’s PI Industries failing to get above resistance near 1,585 and slowly beginning to roll over again. Notice momentum failed to reach overbought territory as well. And there are plenty of other leading stocks out there exhibiting these conditions. In our blog post linked below we take a look at several charts that suggest further weakness in Equities around the globe could be ahead.
