Yes, looks like break down in Page is a signal that things will start looking better. Usually, in the last phase the strong stocks break down as people sell the ones which fell less in order to switch to more beta names to get that quick buck. This may be the reason why Eicher, Ajanta broke down today intra day. I may be wrong here!
Good that Page is holding 13000 on a closing basis.
Disclosure: I hold Page.
| Subscribe To Our Free Newsletter |
