Long Term Trend: Weak
AI Indicator Strength: 30.0%
StockPIIND
Current Price₹2496.80
Short Term Trend
Strong Downward
Trend: Weak
¼ Long Term Trend Structure
- Price below EMA20, EMA50, EMA200
- Momentum aligned with structure
RSI: Neutral-Bullish
📊 Momentum (RSI)
- RSI: 34.56
- Mild positive bias
MACD: Strong Bearish
¼ MACD Observation
- Strong negative MACD crossover
- Trend confirms structural bias
Overall: Mixed
📊 Overall Technical View
- Momentum → Neutral-Bullish
- Trend → Weak
📊 PIIND Stock Strength & Risk Analysis
✅ Positive Factors
- Technical structure remains largely defensive with limited active catalysts.
❌ Risk Factors
- Failure to reclaim the 200-day EMA acts as heavy resistance.
- Immediate price action favors the sellers.
📌 Market Outlook
Sellers remain in control; wait for a confirmed structural shift before engaging.
🎯 Technical Indicators: Support & Resistance
🟢 Support Zones
₹2457.00
₹2432.43
₹2407.86
🔴 Resistance Zones
₹2840.00
₹2868.40
₹2896.80
PIIND Price Action: Immediate buying interest for PIIND has historically emerged around the ₹2457.0 mark. If the stock faces selling pressure, this zone acts as the first line of defense. Conversely, the primary hurdle for an upward rally is positioned at ₹2840.00. Breaking past this resistance could signal a fresh leg of bullish momentum.
📊 Fibonacci Retracement
| Level | Value |
|---|
| 23.6% | 2916.59 |
| 38.2% | 3277.28 |
| 50.0% | 3568.80 |
| 61.8% | 3860.32 |
| 78.6% | 4275.36 |
Structural Pullbacks: Looking at the Fibonacci retracement map for PIIND, the 38.2% level at ₹3277.28 acts as a critical juncture. Price interactions around these zones frequently dictate the stock's short-term trajectory, helping identify where PIIND might reverse or accelerate.
📈 Moving Averages
| EMA | Value | SMA | Value |
|---|
| EMA5 | 2513.15 | SMA5 | 2495.78 |
| EMA9 | 2550.67 | SMA9 | 2548.64 |
| EMA20 | 2613.03 | SMA20 | 2665.47 |
| EMA50 | 2688.99 | SMA50 | 2680.60 |
| EMA100 | 2802.09 | SMA100 | 2811.58 |
| EMA200 | 3006.20 | SMA200 | 3029.91 |
📊 AI Scorecard (How Confidence is Calculated)
• RSI Neutral-Bullish: +1 🟢
🟢
• Price < EMA20 (Short-term Bearish): -1 🔴
🔴
• EMA20 < EMA50 (Medium Downtrend): -1 🔴
🔴
• Price < EMA200 (Long-term Bearish): -1 🔴
🔴
• MACD Strong Bearish: -2 🔴
🔴
• Total Score: -4
🔴
• Confidence Score: 30.00%
🔴
Total Score: -4
Technical Indicator Strength: 30.0%
- Weak alignment in behavior
- AI Confidence Score: 30.0%
👉 Market appears weak-to-sideways with mild downside pressure
📊 MACD Backtested Signals (Historical)
| Date |
Signal |
Close |
T+1 Open |
T+1 High |
T+1 Low |
T+1 Change |
T+5 High |
T+5 Low |
T+5 Change |
Strength |
Confidence |
Strategy |
| 2026-08-12 |
Bearish |
2483.0 |
2483.9 |
2507.0 |
2474.4 |
0.38% |
0.93 |
2545.0 |
2458.6% |
0.98 |
2.50 |
100.00 56.79 Success |
| 2026-07-15 |
Bullish |
2619.3 |
2625.0 |
2643.0 |
2618.0 |
0.69% |
0.27 |
2756.9 |
2612.8% |
5.25 |
0.25 |
100.00 72.12 Success |
| 2026-06-25 |
Bearish |
2684.9 |
2684.9 |
2695.7 |
2553.3 |
4.90% |
0.40 |
2695.7 |
2541.0% |
5.36 |
0.40 |
100.00 91.28 Success |
| 2026-06-10 |
Bullish |
2807.7 |
2800.0 |
2819.7 |
2772.2 |
0.70% |
0.99 |
2921.9 |
2772.2% |
4.07 |
1.26 |
100.00 69.94 Success |
| 2026-05-20 |
Bearish |
2901.2 |
2898.5 |
2898.5 |
2700.0 |
6.85% |
0.00 |
2898.5 |
2700.0% |
6.94 |
-0.09 |
100.00 95.00 Success |
| 2026-05-19 |
Bullish |
3124.6 |
2950.0 |
2950.0 |
2860.1 |
0.00% |
3.05 |
2950.0 |
2700.0% |
-5.59 |
13.59 |
100.00 63.62 No Trade |
| 2026-05-12 |
Bearish |
2997.6 |
2998.7 |
3098.3 |
2998.7 |
0.00% |
3.32 |
3194.1 |
2998.7% |
-0.04 |
6.56 |
100.00 65.18 No Trade |
| 2026-05-07 |
Bullish |
3101.5 |
3099.0 |
3134.7 |
3067.5 |
1.15% |
1.02 |
3169.2 |
2991.0% |
2.18 |
3.56 |
100.00 71.03 Success |
| 2026-05-05 |
Bearish |
3014.3 |
3025.0 |
3094.0 |
3021.1 |
0.13% |
2.28 |
3134.7 |
2991.0% |
0.77 |
3.99 |
85.46 54.62 Success |
| 2026-04-07 |
Bullish |
2825.0 |
2924.0 |
2938.1 |
2871.2 |
0.48% |
1.81 |
3089.0 |
2808.0% |
9.35 |
0.60 |
100.00 87.94 Success |
| 2026-03-11 |
Bearish |
3012.3 |
2981.1 |
2997.2 |
2940.1 |
1.38% |
0.54 |
2997.2 |
2840.1% |
5.72 |
-0.50 |
100.00 75.62 Success |
| 2026-03-10 |
Bullish |
3083.6 |
3077.0 |
3113.6 |
3003.0 |
1.19% |
2.40 |
3113.6 |
2840.1% |
0.97 |
7.90 |
100.00 78.22 Success |
| 2026-03-09 |
Bearish |
3033.2 |
3048.2 |
3099.6 |
3046.2 |
0.07% |
1.69 |
3113.6 |
2840.1% |
6.37 |
2.65 |
3.76 43.34 Success |
| 2026-02-26 |
Bullish |
3134.2 |
3139.9 |
3159.3 |
3090.0 |
0.62% |
1.59 |
3159.3 |
2982.1% |
0.80 |
4.85 |
100.00 66.76 Success |
| 2026-02-16 |
Bearish |
3054.5 |
3068.1 |
3084.0 |
3015.0 |
1.73% |
0.52 |
3135.5 |
2990.1% |
2.11 |
2.65 |
43.07 46.31 Success |
| 2026-02-09 |
Bullish |
3216.0 |
3230.0 |
3230.0 |
3150.0 |
0.00% |
2.48 |
3301.7 |
3021.7% |
2.66 |
6.04 |
100.00 75.99 No Trade |
| 2026-02-02 |
Bearish |
3091.4 |
3225.9 |
3400.0 |
3155.0 |
2.20% |
5.40 |
3400.0 |
3089.6% |
0.06 |
9.98 |
100.00 80.89 Success |
| 2026-01-30 |
Bullish |
3195.4 |
3066.4 |
3103.3 |
3011.0 |
1.20% |
1.81 |
3400.0 |
3011.0% |
6.40 |
5.77 |
100.00 86.40 Success |
| 2026-01-29 |
Bearish |
3159.0 |
3130.1 |
3217.9 |
3130.0 |
0.00% |
2.81 |
3400.0 |
3011.0% |
4.69 |
7.63 |
54.44 60.81 Success |
| 2026-01-28 |
Bullish |
3220.8 |
3202.5 |
3208.5 |
3087.1 |
0.19% |
3.60 |
3400.0 |
3011.0% |
5.56 |
6.51 |
26.01 51.50 Success |
Interpreting Historical MACD Data: The table above presents backtested historical performance of MACD crossover signals for PIIND. By analyzing past T+1 to T+5 day price movements following a MACD buy or sell signal, traders can gauge the historical reliability and expected volatility of the current signal.