ShelendrAgrawal

PI Industries Analysis !! Broke Out.

Long
NSE:PIIND   PI INDUSTRIES
📈 PI Industries 📉

This broke out from a Resistance Zone of downtrending Trendline and closed above previous swing high of 2680 .

On Buy Side I am looking for Targets of 3090, 3338 and 3500.

StopLoss should be kept below 2600-2620 zone.
It offers 1:3 Risk To Reward.

All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.

Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Comment:
Trail SL 2685
Trade closed: stop reached:
Trailing SL hit

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