During the quarter, revenue from the domestic business was ₹280 crore, a growth of 8% YoY. The revenue from the export business was ₹1,076 crore, a growth of 19% YoY.
The recovery in domestic business was aided by good Rabi season.
The trend of elevated costs continued during the quarter. This was partially mitigated by price hike in both the CSM (custom...
Pi industries is at 2802, and at its 50wma support. And the weekly pivot is at 2851. If price crosses and close above 2851 then one can go long for a meaningful upside
The analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock...
PI INDUSTRIES, took 161 days to rise 1300 plus points thats
8 points rise per day,
but correction of 770 points was done in just 49 days,
thats 15 points per day
PI Industries, is another stock that came on my radar today.
The stock was resisting 3250 levels, now it managed to come above it and also trading above it from the past 2 trading sessions.
Now the same level is acting as support and if prices manage to hold this level, it might be moving towards 3480-3500 in the coming trading session.
Trade type: swing [ 5-...
Go long with 0.75 % risk and Can book profit at reward of 1:2
NOTE: You should not engage in trading unless you fully understand the nature of the transactions you are entering into and the extent of your exposure to loss. If you do not fully understand these risks you must seek independent advice from your financial advisor. All trading strategies are...
The stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed based on fundamentals and near all time & swing high.
NSE: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!
The stock has reached the lower trend line and might take support and undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near swing high.
PIIND is having a 4-month resistance of 2370 and the next resistance is at 2467
Wait for a 1-day candle close above 2467 and enter
**Positional call
Note - Trade at your own risk
