Moneycontrol Be a Pro
Get App
Last Updated : Jul 24, 2018 10:58 AM IST | Source: Moneycontrol.com

Buy Page Industries with a target of Rs 30,300: Ashish Chaturmohta

It can be bought at current levels and on dips to Rs 28300 with a stop loss below Rs 27500 for a target of Rs 30300 levels.

Moneycontrol News @moneycontrolcom
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Ashish Chaturmohta

Sanctum Wealth Management

Page Industries is in uptrend forming higher tops and higher bottoms on the daily chart for last six months. Rallies have been by good volumes while declines have been on below-average volumes indicating buying in the stock and market participants holding onto the stock.

On the daily chart, 20-days moving average is acting as support and resistance for the stock. From the recent high of Rs 29,676 levels, the stock has again taken support at 20DMA. Thus, it can be bought at current levels and on dips to Rs 28300 with a stop loss below Rs 27500 for a target of Rs 30300 levels.

Close
Disclaimer: The views and investment tips expressed by investment expert on Moneycontrol.com are his own and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decision

The Great Diwali Discount!
Unlock 75% more savings this festive season. Get Moneycontrol Pro for a year for Rs 289 only.
Coupon code: DIWALI. Offer valid till 10th November, 2019 .
First Published on Jul 24, 2018 10:57 am
Loading...
Sections
Follow us on
Available On
PCI DSS Compliant