PIIND – Trendline breakout – 15% upside potential

PIIND has been under sideways correction for the last 9 months. It has given trendline resistance breakout and trading above previous swing high of 3900 zone. Looks strong, if the momentum continues, we can expect 4000, 4200, 4400+ levels in coming days.
SL: Daily candle close below 3880.