PIAHCLA LONG TRADE (SECOND STRIKE) 16-06-2025PIAHCLA 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.
PIAHCLA trade ideas
PIAHCLA LONG TRADE 05-06-2025PIAHCLA LONG TRADE
PIAHCLA has been trading in a converging channel since June 2024. Recently, the stock gave a breakout from this channel, preceded by a selling climax and a strong upward reversal (spring-like motion) supported by good volume gradient.
The breakout has also created an IFDZ, which will act as a barrier against downward movements. Considering these factors, we believe this trade setup has high probability and is relatively safe.
🚨 TECHNICAL BUY CALL – PIAHCLA🚨
- BUY1: 19.5 (current level)
- BUY2: 18.9
- BUY3: 18.3
- TP1: 21.6
- TP2: 23.7
🛑 STOP LOSS: BELOW 17.1 DAILY CLOSE
📊 RISK-REWARD: 1:4.5
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.