PIIND - IntraDay Trade Analysis with Live Signals

Last Updated Time : 19 Sept 25, 2:16 pm

IntraDay Trade Rating: 3.2

📊 Intraday Trading Analysis for PIIND (PI Industries)

🔍 Technical & Momentum Overview

Current Price: ₹3,706 — trading below both 50 DMA (₹3,848) and 200 DMA (₹3,841), indicating short-term bearish sentiment.

Momentum Indicators

RSI at 41.7: Weak momentum, approaching oversold territory.

MACD at -54.4: Strong bearish crossover, suggesting continued downside pressure.

Volume: 2.79L vs 1.51L average — above average, which may indicate accumulation or distribution.

Price Range: ₹2,951 (low) to ₹4,804 (high) — decent volatility for intraday swings.

📈 Fundamental Snapshot

Strong ROCE/ROE: Healthy long-term profitability.

Low Debt: Debt-to-equity of 0.01 — excellent financial structure.

PEG Ratio of 0.97: Fairly valued relative to growth.

Quarterly PAT Growth: Up from ₹386 Cr to ₹464 Cr — positive earnings momentum.

Institutional Activity: FII reduced holdings (-1.08%), but DII increased (+1.78%) — mixed sentiment.

🎯 Intraday Strategy

✅ Optimal Buy Price

Buy Zone: ₹3,680–₹3,700

Entry near support with tight stop-loss; wait for price to stabilize and MACD flattening.

💰 Profit-Taking Levels

Target 1: ₹3,748 (minor resistance)

Target 2: ₹3,790 (approaching 50 DMA)

Aggressive Target: ₹3,825+ only if RSI crosses 50 and MACD turns positive

🛡️ Stop-Loss

Stop-Loss Level: ₹3,660

Breach below this level signals breakdown risk and invalidates intraday setup.

🕒 Exit Strategy If Already Holding Today

Exit on Strength

If price nears ₹3,790–₹3,825 and RSI improves above 50 with volume surge, consider booking profits.

Exit on Weakness

If MACD continues to decline and price fails to hold ₹3,680, exit to avoid deeper downside.

Volume spike with price rejection at ₹3,748 is a strong exit signal.

PIIND presents a cautious intraday setup — not ideal for aggressive trades but viable for scalping if price respects support and indicators improve. Let me know if you’d like to track stronger setups or set alerts for PIIND’s recovery.

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