As you can see on the chart colored 50 DMA is red and its acting as strong resistance. Sentimental RSI is red and moving towards bottom red line . i would wait for Sentimental RSI to cross red line before shorting.
Happy Trading and Investing !!!
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...
![PAGEIND: [2BB][IB][WEEKEND] PAGEIND Short Intraday trade](https://s3.tradingview.com/o/O0Loa5vv_mid.png "[2BB][IB][WEEKEND] PAGEIND Short Intraday trade")
