PIAHCLA Buy Call - Second Strike
Previous Performance : We recently gave a buy call for PIAHCLA, which achieved all its given targets.
Rationale: PIAHCLA broke out of a range (Rs. 12.9 - Rs. 21.2) and assumed a new uptrend. We expect the stock to achieve targets based on quantified displacements and overlying supply zones.
🚨 TECHNICAL BUY CALL – PIAHCLA🚨
- Buy 1: Current price (Rs. 26.1)
- Buy 2: Rs. 22.4
- Buy 3: Rs. 20.5
- TP 1: Rs. 26.4
- TP 2: Rs. 28.2
- TP 3: Rs. 29.8
Stop Loss - Below Rs. 19.5 closing basis
Risk-Reward Ratio - 1:4
Caution: Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PLEASE BOOST AND SHARE THE IDEA IF YOU FIND IT HELPFUL.
Previous Performance : We recently gave a buy call for PIAHCLA, which achieved all its given targets.
Rationale: PIAHCLA broke out of a range (Rs. 12.9 - Rs. 21.2) and assumed a new uptrend. We expect the stock to achieve targets based on quantified displacements and overlying supply zones.
🚨 TECHNICAL BUY CALL – PIAHCLA🚨
- Buy 1: Current price (Rs. 26.1)
- Buy 2: Rs. 22.4
- Buy 3: Rs. 20.5
- TP 1: Rs. 26.4
- TP 2: Rs. 28.2
- TP 3: Rs. 29.8
Stop Loss - Below Rs. 19.5 closing basis
Risk-Reward Ratio - 1:4
Caution: Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PLEASE BOOST AND SHARE THE IDEA IF YOU FIND IT HELPFUL.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.