PIIND | Cup and Handle | Breakout | Good volume

**Stock:** PI INDUSTRIES LTD (PIIND)
**Chart Type:** Daily chart
**Pattern:** Cup and Handle formation

✅ **Key Technical Highlights:**

* A cup and handle pattern has formed, signaling a potential bullish breakout.
* Breakout level (resistance) is around ₹3,736, which has been successfully breached.
* Price has reached ₹3,970.30, indicating strength in the breakout.

✅ **Measured Target:**

* The measured move suggests a price target of approximately ₹4,504, reflecting a potential \~20% upside from the breakout level.

✅ **Volume Confirmation:**

* There’s a significant rise in volume during the breakout, confirming the strength and reliability of the move.

✅ **Key Support Level:**

* The breakout level at ₹3,736 now acts as immediate support.

✅ **Overall View:**

* With the breakout confirmed above ₹3,736, a strong uptrend is expected towards ₹4,504. Proper stop-loss below ₹3,736 can be used to manage downside risk.