PAGEIND trade ideas
PAGE INDUSTRIES LONG After a long consolidation , the stock has completed the formation of a rounding bottom pattern. Any breakout above 17600 will push the stock unto a target zone of 1800. Sustaining 18150 will give another target of 18600 zone.
Page Industries - Bearish Bias - Short at current levelsPage Industries - Bearish Bias - Short at current levels
If Next Weekly Candle closes above 26500, Buy Call If Next Weekly Candle closes above 26500, Buy Call for Next two weeks
PAGE INDUSTRIESPAGE INDUSTRIES AT A "CRITICAL LEVEL".
IT HAS BOUNCED FROM THE STRONG SUPPORT ZONE.
CLOSE ABOVE THE TREND LINE MAY TOUCH 19047, 20013, 20979, 21584, & 22791.
FIRST HUNDLE IS 19250 - 19335.
IF IT CLOSE BELOW THE SUPPORT ZONE , IT MAY HEAD DOWNWARDS.
[2BB][IB][WEEKEND] PAGEIND Short Intraday tradeGo short on PDL break.
Setup invalid on:
1. gap up/down
2. PDH break
Don't go long on Page Industries for near term As you can see on the chart colored 50 DMA is red and its acting as strong resistance. Sentimental RSI is red and moving towards bottom red line . i would wait for Sentimental RSI to cross red line before shorting.
Happy Trading and Investing !!!
Expecting the stock will reach 20000,this stock is in downtrendExpecting the stock will reach 20000,this stock is in downtrend
Page Industries - "V" shaped Cup n Handle - Bullish Breakout Page Industries just broke above the Cup n handle resistance zone (neckline) of 17000 - 17300 area this month after consolidating in sideways pattern since June 2015. The recent breakout in July confirms Bullish continuation for long term. Investors can go long in this counter as per below strategy.
Trading Strategy :
Buy @ current levels 17700-17955
1st Target : 22000
2nd Target : 24000
Stop loss : Below 14000
Cheers !!!
