Pageindustries
PAGE INDUSTRIES ON 15 MIN CHARTThis analysis is on request of one of our followers.
Page industries on 15 min has formed a Descending triangle. Now the most confusing part of this price action pattern is that, it’s neither a reversal pattern or continuation pattern but in fact it’s called NEUTAL PATTERN, which means that this pattern can give a breakout or a breakdown or in simple words in can break upward approach downward & traders have to be ready to trade to the respective trend. The target is usually similar to the middle range price area of triangle.
Page has already given a breakout and achieved the given target set by the chart pattern. We suggest to hold on for some days & let the big players come in and take Page out of range market( haven’t entered yet, but it might end up in range).
#pageind 🩲🩱👙🧦👕lock down doesn't affect their businessNSE:PAGEIND
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BUY IS STAY ABOVE:- 28400
STOP LOSS:- 26400 CLOSING BASIS
TARGET :- 30000-32000-34000
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.