Swingtrader20192015

Go Long in Pageindustries

Long
NSE:PAGEIND   PAGE INDUSTRIES LTD
Page industries is on the verge of breakout from flag and pole pattern. Close above 200 DEMA . Good Volumes. Next resistance is at 21200 level.

Look to buy between 20300-20350 tomorrow for target of 21240 with SL at 19940.

RRR: 2.6

Looks like a good trade.
Comment: Page Industries is rocking.

It gave opportunity in morning to enter at 20400 level.

I could not enter as I was travelling and could nor track market.

We may hit target by today itself.
Trade closed: target reached: Target Hit in Page Industries. Cheers.
Trade closed: target reached: Risk/Reward for the trade: 1.86, Not an excellent RRR but still good as the target met in a single day