Page Industries. BO soon candidate with nice consolidation near BO zone, RS positive shows outperforming stock.
Only for educational purposes, not a buy/sell recommendation.
Sell Page Industries if sustain below 44500 for the lower marked targets with the white line until 46000 is intact on the upside.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Page Industry Near its break out level . Take entry in 4 HR or 2 HR candle to get entry in exact direction . closely watch how stage 2 break out works.
Page Industries Limited is engaged in the business of manufacturing and trading of garments. The Company offers knitted garments.
Current price is more than the intrinsic value
Stock has been generating better return on equity than bank FD
Stock doesn't offer attractive dividend returns
Low probability of default in next 12 months
PE Ratio 136.53
In last 3 months,...
Page Inds is following the long term range from october 2020 as can be seen in the chart.
The MA shows an uptrend, also the financials for the recent quarter shows an increase in revenue and netprofit although the Operation margin are down 3%, YoY the revenue is up and net profit are up with an operating margin is neutral.
Break above 43000 , may result in a...
as you can see page industries get a good volume yester day and previous days were also bullish so mine upcoming targets for this sstock is 45000 and above levels.this is mine opinion and should not be taken as opinion . Do your research as well.
Range Breakout Done
Relatively stronger than Nifty
47000 seems to be targets according to charts.
Time Frame : 2-6 months.
***Ideas are for education purpose only ***
NSE:PAGEIND
Is it really a Flag Pattern on Candle Stick chart of Page Industries then we can see an upside of 25% soon but it needs to give a breakout from upper resistance line of Flag. Watch more at chart for better understanding.
NSE
