PIIND : Below Averege results, upside may be capped

• Q3 results are out. Volatility (IVP) is still high in the stock
  
• Zone of 3300 seems strong support (followed by 300 zone)
  
• On upside, 3700 then 3800-3900 looks like strong resistance
  
• Max Call OI build up at 3700 levels too (as of today) and Max Put OI seems to be around 3500, then 3400/3300 too.
  
• Completely sideways trend, with no trend strength either.
  

#stoxsense