PAGE INDUSTRIES LTDUpdated PAGEIND - 40K and below?
I could be completely wrong here.. But the chart set up/counts indicate that the price has completed Cycle top followed by corrective moves A and B.. and I am eying for the C leg down..
Or, it could be possible that B wave hasn't ended yet, it could go past 56K as well and then come down..
For now, price is trading inside the supply zone of Nov'22 Sellers. I am looking for a break and close below 45300 by tomorrow (Weekly close) to initiate a trade on the short side..
Since this is weekly, and the price has multiple touch points, as well as, option chain is illiquid, I wouldnt advise trading F&O on this counter..
Trail Positional holdings with Strict SL..
Or, it could be possible that B wave hasn't ended yet, it could go past 56K as well and then come down..
For now, price is trading inside the supply zone of Nov'22 Sellers. I am looking for a break and close below 45300 by tomorrow (Weekly close) to initiate a trade on the short side..
Since this is weekly, and the price has multiple touch points, as well as, option chain is illiquid, I wouldnt advise trading F&O on this counter..
Trail Positional holdings with Strict SL..
Trade active
46K to 45K.. riskfree trade now.. Lets see what's in store on this counter..
I am not a SEBI Registered Analyst. Views are personal and for Education purpose only. Please consult your Financial Analyst before making investment decision
I am not a SEBI Registered Analyst. Views are personal and for Education purpose only. Please consult your Financial Analyst before making investment decision
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