raghavchoudhary2016

PI INDUSTRIES ANALYSIS!!

Long
NSE:PIIND   PI INDUSTRIES
RSI INDICATOR: is something which says the actually part of the price should be placed.
cups and handles is a very bullish price pattern formation.
and top of that, if rsi indicator is forming such pattern, then to speak on to it, the stock is a very great stock.
i have check the fundamentals. the rations, sales analysis are very greatly performing.
the two black line are the trend formation after the corona 2019 crash.
and blue line is the old trend.
the stock did gave its all time high recently. its possible to go more higher, since there is no drawback, or major risks associated to this stock.
recent quarters too outperformed from the analyst projected estimates.
great stock for swing trading and long term .


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