Page Industries Short - Formation of an inverse H & S pattern
- Stock to hit 2200 levels before its starts moving in favour of pattern
- Macd shows massive divergence
- RSI shows negative divergence
- Volume is starting pick up on gradual basis
PAGEIND trade ideas
Pageind LongLooking at RSI and S&R
Go long at 23450 with sl 23400
If support is broken
Go short below 23400, Sl - T1-23200, T2-23000
Page Industries Ltd. Buy at the target of Rs 28850.0 Trade NivehMy suggests is Page Industries Ltd Buy shares at the target price of 28850.0. Page Industries Ltd. . The current market price of rupees is 23579.1. Market Expert has fixed its period of 1 year, when Page Industries Ltd The price can reach its set target.
For the end quarter 31-12-2018, the report sold by the company is standalone - Rs 738.32 crores, 6.89% up, last quarter sales - from Rs 690.76 crores, and 18.89% over the same quarter last year sales - Rs 621.03 crores From In the latest quarter, the company has net profits after the reported tax of Rs 101.89 crore.
On 31-03-2019, the total amount of the company, 11,153,874 shares is outstanding.
SHORT TERM || LONG || PAGEINDUSTRIESBuy Page Industries on a dip for target of 22600 and sl below 20250. Buy on a dip for a better R-R. Start with a small quantity and add slowly if it goes down keeping the SL in mind and hence adjusting your volume accordingly.
LOOK FOR BUYPrice bounced from the support zone on the higher timeframe and we can see clear impulse wave with the two HH and HL structure and also there is a trendline break confirmation, Now we need a clear buy signal to enter into the trade. This is the low-risk high-reward trade so look for the bigger target but take the entry on the lower time frame
PAGEINDS - Long Trade IdeaLong above 22910 with SL 22441.5
T1 23063.9
T2 23108
T3 23290
T4 23381
T5 23519.8
Page Industries: Wonderful Wyckoff Re-distributionThis stock has taken a knock recently. The price action comes across as a nice set of Wyckoff redistribution. The first target was achieved and the second one is pending. This link has the point and figure horizontal count target. d.pr
