📈 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...
Stock Name-PAGE INDUSTRIES LTD.
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TF-1M
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For Mid to Long term
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Entry above 43600 (In weekly closing)
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SL-Low of Breakout candle (Keep buffer of 150-200 points)
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Targets-46940, 50200, 52100 &
If prices sustain above ATH, then we see a target of 56900.
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Only my view.
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I am not a SEBI Registered. This analysis is purely for educational purposes only.
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If...
In the Weekly Chart of PAGEIND ,
we can see that; 3 weeks ago the chart was shared on formation of Bullish Hammer Candle.
It has given a good up move of 10% in 3 weeks.
Let it retest the Fibo Level as shown in chart and GO long.
Parallel channel was first broken in Jan 2023
what we saw yesterday was follow through selling. even below 34000 it may test 26k
will review again if 15k may be test or not. that all depend how it bounce from 26k
Page industries a good fundamental strong company. A trend reversal can be seen in this stock. One can go long above the price with given SL and Target.
Note:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
In the Weekly Chart of PAGEIND ,
we can see that, it is about to form Double Bottom.
Enter on breaking the HIGH of Pinbar with LOW as SL and Hold for 3 to 4 Months.
#PAGEIND (D CHART)
CMP - 36674
Isme long legged Doji Candle bani hai jo support zone ke pass bani hai it's mean ki ab trend reverse ho sakta hai InshaAllah
#Im_still_learning
#DYOR
I'm Not Sebi Registered
Just Sharing For Educational Purpose
Analysis Criteria Used:
1. Please find the Chart Analysis done for the Swing Trade Ideas 24th April, 2023
2. The analysis for the Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups
Focus On:
1. Always keeping your Risk Management in play
2. Using a Stop Loss; because it is your Best Friend
3. Always Plan your Trade and...
#PAGE IND... ✅▶️
take target upto 1350
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a huge movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
Page Industries form such beutiful chart pattern and we can see such Big Upmove in next coming session, as it almost its Breaking Resistance, Plz keep and eye on it
KEEP AN EYE ON IT
