Sell Page Industries if sustain below 44500 for the lower marked targets with the white line until 46000 is intact on the upside.
To motivate me, Please like the idea If you agree with the analysis.
InvestPro India Team
Page Industries Limited is engaged in the business of manufacturing and trading of garments. The Company offers knitted garments.
Current price is more than the intrinsic value
Stock has been generating better return on equity than bank FD
Stock doesn't offer attractive dividend returns
Low probability of default in next 12 months
PE Ratio 136.53
In last 3 months,...
Is it really a Flag Pattern on Candle Stick chart of Page Industries then we can see an upside of 25% soon but it needs to give a breakout from upper resistance line of Flag. Watch more at chart for better understanding.
The analysis is done on Monthly TF hence price may take few months to even couple of years in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
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This is follow-up on Page Industries. Can check link to related ideas.
Target 1 achieved. More than 19%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please...
Chart shows a bullish engulfing today with good volume. one of the leading brand in its sector and can be held for long, short term or swing trade looks good. slight resistance on the horizontal line near recent high, above that we should see a good rally.
Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in the financial markets, including trading in stock or options or other financial instruments is a personal decision that should only be made after thorough research, including a personal risk and financial assessment and the engagement of professional...