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.