PAGE INDUSTRIES BULLISH DIVERGENCE CONFIRMED
已更新
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.
評論
Friends be warned, that impact of lesser rainfall on cotton prices/ rising inflation may delay/ hamper the studies done on this chart. If you support my views/ feel i need to change something, Kindly comment. Lets learn together, Lets grow together.
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