PIIND PIND | PI INDUSTRIES on Monthly Breakout$NSE:PIND
#Forming a rising wedge on Monthly Chart
#Bullish Technically Data
# Trading Range 4061/4455/4607 around the trend
#Bearish only below sp2
PI INDUSTRIES LTD stock forum
PIIND PIND | PI INDUSTRIES on Monthly Breakout$NSE:PIND
#Forming a rising wedge on Monthly Chart
#Bullish Technically Data
# Trading Range 4061/4455/4607 around the trend
#Bearish only below sp2
PIIND Break out from double bottom
Target 1 - 3922.55
Target 2 - 4256.35
It is preferred to book target 1 as it has higher potential of occurrence then target 2
Fibonacci Support - 3513
SL - 3454.05 Or 8 EMA Or MACD Cross over
It is preferred to use 8 EMA as SL
Even MACD is also bullish in this script
RSI - 69.61
PRICE ABOVE 200EMA AND 20 EMA CROSSES 200 EMA and is about to cross 50 EMA IF bullish trend occurs
Even Fundamentals of the stock are good.
THANK YOU AND HAPPY DEEPAVALI TO ALL.
PIIND buy piind for 3700
PIIND long position 1H