Description
⋅ 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