In this study, I have analused Page Industries on weekly time frame. If you scroll back, I identified bullish divergence earlier, which surged the stock by more than 60%. Now again, after rise in cotton prices due to Ukraine war and rising inflation, Page industries had corrected.
Now, I have proved bullish reversal as can be seen clearly. Buy levels have been mentioned in chart. Hold for 1st safe target of 44k to 46k.
Now, I have proved bullish reversal as can be seen clearly. Buy levels have been mentioned in chart. Hold for 1st safe target of 44k to 46k.
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