Swingtrader20192015

Go Long in Pageindustries

Long
NSE:PAGEIND   PAGE INDUSTRIES LTD
Page industries is on the verge of breakout from flag and pole pattern. Close above 200 DEMA. Good Volumes. Next resistance is at 21200 level.

Look to buy between 20300-20350 tomorrow for target of 21240 with SL at 19940.

RRR: 2.6

Looks like a good trade.
Comment:
Page Industries is rocking.

It gave opportunity in morning to enter at 20400 level.

I could not enter as I was travelling and could nor track market.

We may hit target by today itself.
Trade closed: target reached:
Target Hit in Page Industries. Cheers.
Trade closed: target reached:
Risk/Reward for the trade: 1.86, Not an excellent RRR but still good as the target met in a single day
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