Page Industries – Technical View, Support and Resistance
The stock
PAGEIND
is currently trading around ₹36,300. The chart shows that the stock has been in a broader corrective phase after falling from higher levels. The recent price action indicates some stabilization around the ₹35000–₹36000 zone after the sharp decline from the ₹40,000+ levels.
The immediate structure remains cautious as the stock is still below the recent swing highs around ₹38000–₹40000. A sustained move above this zone would improve the short-term structure. On the downside ₹35000 is an important nearby support zone while the chart shows a stronger support area around ₹32000–₹34000.
Support & Resistance:
Support: ₹35,000, ₹32,000–₹34,000
Resistance: ₹38,000–₹40,000, ₹42,000–₹44,000
Short-Term Buyers/Holders View:
Buyers should watch the ₹35000 support zone and look for strength before taking fresh positions. A sustained breakout above ₹38000–₹40000 can improve the short-term setup. Holders should monitor whether the stock sustains above ₹35000. A break below this zone can indicate further weakness.