Page Industries Limited (PAGEIND) Stock - Complete Technical Analysis - Oct 23, 2024

Technical Analysis of Page Industries Limited (PAGEIND) Key Support & Resistance Levels

Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Investing in stocks involves risks, and it's essential to conduct thorough research or consult with a financial advisor before making investment decisions. In our detailed analysis of Page Industries Limited, we focus on key technical indicators, price trends, and market signals. Currently trading at 43,145, the stock shows a mixed outlook.

Support and Resistance Levels: The critical support level is identified at 42,348.07, with additional support at 40,596.13. Resistance is found at 44,656.13 and 46,408.07.

Price Trends: The stock experienced a recent high of 44,246.80 and a low of 42,856.05, indicating a volatile market environment.

Sudden Movements and Volatility: Recent price action includes a drop from 46,450, suggesting profit-taking. The ATR reflects high volatility, creating potential trading opportunities.

Technical Indicators:

MACD suggests bearish signals.

RSI is neutral but approaching oversold conditions.

ADX indicates weak trends.

In conclusion, traders should closely monitor support and resistance levels while being vigilant about market volatility. Proper strategy and analysis will help in making informed trading decisions.