Search+Investment IdeasPI Industries stock bounced back after testing crucial support around 2500 levels. The pharma stock hit a high in July 2025 and fell over 36 percent.SynopsisPI Industries stock bounced back after testing crucial support levels. The pharma stock made a double bottom pattern around 2500-2600 levels. Experts suggest buying for a possible target above 2800 levels. The supertrend indicator triggered a buy call, indicating upward momentum. The stock is trading above key long-term moving averages.PI Industries Ltd, part of the pharma space, bounced back after testing 2,500 levels which acted as a crucial support back in June as well.Short-term traders with a high-risk profile can look to buy the stock for a possible target above 2,800 levels in the next few weeks if the momentum sustains, suggest experts.The pharma stock hit a high of Rs 4,329 on 30th July 2025, but it failed to hold the momentum. It closed at Rs 2,741 on 23rd July 2026 BYETMarkets.com 3 mins readJul 27, 2026, 05:00:00 AM ISTGift this Story to your friendsFONT SIZEAbcSmallAbcMediumAbcLargeSAVEPRINTCOMMENTContinue reading with one of these options:Limited AccessFreeLogin to get access to some exclusive stories & personalised newslettersLogin NowUnlimited AccessStarting @ Rs120/monthGet access to exclusive stories, expert opinions & in-depth stock reportsSubscribe NowETUh-oh! This is an exclusive story available for selected readers only.Worry not. You’re just a step away.What’s Included withETPrime Membership