PAGEIND trade ideas
1100 POINTS IN PAGEIND today (TRADE ANALYSIS)PAGEIND was selected as one of the long candidate for today and was shared with group last evening. (Yesterday's charts is posted below which has date stamp as well)
Level for long was given 18380 and it made intraday high of 19470 (1080 points).
Stock gave multiple opportunities to book out at this high level and even if you caught 70% of it then it is better than trading for whole week.
After retacement there was another entry using fibonacci in this stock.
Chart from last evening
Other stock given were ASIANPAINT & COLPAL, both of which worked perfectly. PIDILITIND was shorted with student and it gave small but confirmed profit.
Price action trading is a process of using price to analyze stock possible movement. Keep your charts as simple as possible so that you keep focus on most important element on chart "PRICE".
Stop your hunt for holy grail strategies and focus on learning PRICE ACTION TRADING as this is the only process which works for anyone to be long term successful.
If you receive any benefit from idea, appreciate by your likes/comment. If you earn from my ideas, kindly consider donating small part of your profits to those in need.
Cheers!
Piyush Gupta
PAGE INDU. A GOOD INVESTMENTkeep eyes on page inds. a good investment as par charts mention,
buying suggest above range broken to upper side and trend will clear
PAGE INDUSTRIES Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Page Industries - Rounding Bottom and Cup & Handle patternPage Industries having completed a rounding bottom, has given a breakout from Cup & Handle Pattern on hourly timeframe.
Buy on a Retracement towards the level of 18000.
Look for a target of 19800/20000
Stoploss at 17700.
Page Industries (Bullish abv 17K)Page Industries corrected to 2015 highs, broke it down and now that breakdown seems to be failing. As long as the ticker is above 2015 highs, the next logical resistance is 21479.
PAGE INDUSTRIESCUP FORMATION / ROUND BOTTOM FORMATION
SHOOTING STAR SUCCESSFULLY ENGULFED
INDICATES BULLISHNESS
PAGEIND Trading Setup (Page Industries Ltd.)Info on chart.
Wait for candle to close before entering.
Page Industries Long Term Buy Stock is currently trading at demand zone in monthly chart.
Enter for long term
PAGE INDIt has made a Bullish Harmonic Alt Shark in Weekly time frame. Sustaining above 16700 on closing basis could lead to the probability of a reversal/bounce till 19500/21500. View would negate below 15700
To regain strength the stock will have to close above 24400The stock has taken support at a very important pivot. It made an gap down entry on Friday and was able to pullback. 22660 will serve as immediate resistance in the coming week above which the stock may pull up to 24100, 24600 & 25400 levels. However any failure to cross 22660 and a fall below 21600 may push the prices down to 19700. To regain strength the stock will have to close above 24400 aiming for 26590 levels. The MACD has turned bearish and RSI has lost formidable momentum on bullish side.
Page industries - inverted HnSinverted HnS in this stock. targets marked with pink lines. stoploss of 5%.
Long Page Industries Page Industries has created a Inverse Head & Shoulder Pattern. Breakout of Which will push the price further to 28000
INVERTED HEAD AND SHOULDERS PATTERN IN WEEKLY CHARTS OF PAGE INDWith sustaining at the breakout levels of weekly charts in page industries. It looks bullish from here up to the targets of 30000.
