Page is facing stiff resistance at lower control point (LC Point), once it closes above 21050 levels (above lower control point) and starts sustaining above it. One can expect the move till other end of channel.
Close above - 21050
First Target - Mid point of channel - 22675
Second Target - 24663
Third and Final Target (other end of channel 25629)
Stop Loss 19680
After a long consolidation , the stock has completed the formation of a rounding bottom pattern. Any breakout above 17600 will push the stock unto a target zone of 1800. Sustaining 18150 will give another target of 18600 zone.
PAGE INDUSTRIES AT A "CRITICAL LEVEL".
IT HAS BOUNCED FROM THE STRONG SUPPORT ZONE.
CLOSE ABOVE THE TREND LINE MAY TOUCH 19047, 20013, 20979, 21584, & 22791.
FIRST HUNDLE IS 19250 - 19335.
IF IT CLOSE BELOW THE SUPPORT ZONE , IT MAY HEAD DOWNWARDS.
