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 !!!

Trade active

Comment:

1st Target achieved

Trade closed: target reached:

2nd target of 24000 achieved.