Hi guys,
you can see page has fallen from 54349 to 33070
a decent correction and market leader in textiles(under garments)
i think next sector will be textiles however page is at very discount price and downside is very limited
can see faling wedge refer the above image for other time frames and can expect all time high in long term
also after long...
I added another 1.25% of the net capital to the stock, bringing the total position size to 2.5% of the net capital. Based on the current average price levels, there is a potential move of about 24% to the target levels. I won't consider adding further to the position unless the capital itself increases, as this is the maximum I'll invest in a stock according to my...
In the Weekly Chart of PAGEIND ,
we can see that, it has made a Hammer candle.
Enter on breaking the candles High with low as SL and go very long for an year.
Bullish on page industry
Soon reaching ATH
Financial suppose to be improve soon.
Available at good buy.
Great brand jockey as a competative edge
Overall a good buy.
Breakout flag channel
Long consolidation
Fundamentals
Cons:
YoY revenue declined by 7.5%, and PAT experienced a significant 24% YoY decline.
The company faces reduced demand as consumers have already purchased goods during the COVID period, impacting fresh buy orders.
The decision to increase advertising spending comes during a period of reduced demand, potentially straining the company's...
I have bought 3 shares of PAGEIND. as it has good support at 36200.
Risk/Reward ratio is good, and mentioned the same in chart.
Its a positional trade with min 1 yr to 2 years time frame.
** I AM NOT SEBI registered advisor please consult financial advisor for your investment.
**This is only for educational purpose you can also share your thoughts on the comments
The analysis is done on Weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself.
After breakout, a major resistance becomes major support. Here we can see price taking support from that level many times. But not just that, it is also showing Bullish Divergence on RSI which shows that price can...
Stock is at good demand zone.
one can go long for swing trade at 36500 with stoploss 34480 and targets 38500/39500/41500++
do your own research before investing.
only for educational purpose.
ib - On the weekly chart the stock is at Fib support which is also previous swing low. On the hourly chart the stock has taken Fib confluence as support. Hence its a good place to buy for investors as well as for traders. R1 39250 R2 42K and stop has to be below 47600.
On the weekly charts the stock is at fib support. On the hourly charts the stock is now showing early signs of strength. The stock is a buy at CMP of 37436.40 R1 38400 R2 40140.
NSE:PAGEIND Generate Passive Wealth. SIP when all herds are fearful.
Do your own research before investing or trading in any stock or indices.
Disclaimer:
This is not a financial, investment or trade advice. Its only for educational purpose.
The stock has made a positive divergence with the RSI. So we have a short term reversal signal. All the three Moving averages are together. So we know it is at an imp point. With results tom. In my view this stock is headed higher towards 39700 to 49700.
📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Parallel Channel
📌 Symbol/Asset: PAGEIND
🔍 Description: Stock is making parallel channel and its around the support. We can see good bounce from here.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider...
