Page Industries - "V" shaped Cup n Handle - Bullish Breakout
Updated
Page Industries just broke above the Cup n handle resistance zone (neckline) of 17000 - 17300 area this month after consolidating in sideways pattern since June 2015. The recent breakout in July confirms Bullish continuation for long term. Investors can go long in this counter as per below strategy.
Trading Strategy :
Buy @ current levels 17700-17955
1st Target : 22000
2nd Target : 24000
Stop loss : Below 14000
Cheers !!!
Trading Strategy :
Buy @ current levels 17700-17955
1st Target : 22000
2nd Target : 24000
Stop loss : Below 14000
Cheers !!!
Trade active
Note
1st Target achievedTrade closed: target reached
2nd target of 24000 achieved.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.