skandha1986

PAGEIND - Inverted Head and Shoulder pattern formation

Long
skandha1986 Updated   
NSE:PAGEIND   PAGE INDUSTRIES LTD
PAGEIND has formed inverted head and shoulder pattern, need to close HRLY candle above 41600 levels to confirm the breakout.
Trade active:
Good up move after break out, approaching first target of 45800 soon.
Trade closed: target reached:
Has gone beyond, at 46000 levels now. This is a resistance level and can see some profit booking at this levels.

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