PAGIND - Falling Wwdge + inverse head & shoulder “PAGEIND – Falling Wedge + Inverse Head & Shoulder | Potential Reversal Setup 📈”
🧩 Description (for your idea post):
Chart Comparison:
Left: PAGEIND (Cash) – Showing a falling wedge pattern formation.
Right: PAGEIND Futures – Showing a clear inverse head & shoulders structure.
Technical Confluence:
Both charts indicate a potential trend reversal from a short-term bottom.
Wedge breakout + IHS pattern neckline breakout could trigger strong bullish momentum.
Volume confirmation on breakout will be key for reliability.
Key Levels to Watch:
Breakout Zone: 41,300 – 41,500
Immediate Resistance: 42,000 – 42,500
Support: 40,400 – 40,600
Trading Plan (Educational Purpose):
Entry: Above neckline / wedge breakout zone
Stoploss: Below right shoulder (≈ 40,400)
Targets: 42,500 / 43,200 / 44,000
📅 Timeframe: 1D (Swing Setup)
🧭 Disclaimer:
This idea is shared for educational purposes only. Not a buy or sell recommendation.
