Page Industries daily chart (click on chart to zoom)
As per daily chart, Page industries is making higher highs which indicates bullish short and medium term. It also formed double bottom as shown in the chart which indicates coming upside in the stock. Today stock broke its 50 DMA below which is was trading for quite some time, it is also trading above all its key moving averages which is a bullish sign.
Stock can be bought for the target of 3150-3200 in short term. Stop loss at 2900 is recommended.
CMP - 3000
As per daily chart, Page industries is making higher highs which indicates bullish short and medium term. It also formed double bottom as shown in the chart which indicates coming upside in the stock. Today stock broke its 50 DMA below which is was trading for quite some time, it is also trading above all its key moving averages which is a bullish sign.
Stock can be bought for the target of 3150-3200 in short term. Stop loss at 2900 is recommended.
CMP - 3000