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PI INDUSTRIES LTD
Long

Resistance Breakout and 52w High

By DR_AZYGOS
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!
52weekhighsbreakoutBullish PatternsflagbreakLONGPIINDPivot PointsresistenceshorttermSupport and ResistanceswingtradingTrend Analysis
DR_AZYGOS

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