PIIND - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

IntraDay Trade Rating: 4.2

PIIND stands out today with bullish technicals and a favorable setup for short-term trading. Let’s get into the tactical intraday play

📊 Technical Pulse

RSI: 62.0 → Bullish territory; suggests upside strength but nearing overbought range.

MACD: +26.9 → Strong positive crossover, indicating healthy upward momentum.

Volume: 2.27L vs 1Wk Avg of 1.13L → More than double the average — confirms strong intraday interest.

📈 Trend Analysis

Current Price: ₹4,250

Clearly above both DMA 50 (₹4,020) and DMA 200 (₹3,847) → Uptrend confirmed.

Support Zones: ₹4,220 and ₹4,180

Resistance Zones: ₹4,295 and ₹4,340

💼 Intraday Trade Strategy

👉 If initiating a new position

Optimal Buy Price: ₹4,220–₹4,235 on dip with volume support and RSI staying above 60

Profit Booking Levels

₹4,295 (conservative)

₹4,340 (bullish momentum continues, volume stays >2L)

Stop-Loss: ₹4,200

👉 If already holding today

Track real-time

RSI holds >60 and MACD expanding → momentum remains intact

Volume sustains above 2L — confirms trend reliability

Exit Triggers

If price stalls near ₹4,295 and RSI starts to flatten or dip below 60 → consider partial or full exit

If price pushes above ₹4,310 with momentum, trail stop-loss to ₹4,250 and aim for ₹4,340

⚠️ Risk Radar

FII Selling (-1.08%) could add volatility later in the session

Quarterly Profit Dip (-10.6%) = not great for longer-term sentiment, but intraday is still promising

High valuation (P/E 38.8) vs sector could cap moves beyond ₹4,340 without strong catalysts

Want me to watch this ticker’s pulse in real time today or scout similar momentum plays? I can help fine-tune your radar. ⚡📍

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