Page Industries Breakout

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PAGEIND has given a breakout on weekly chart formation. This is also in line with the fact that more quality businesses are now making a comeback with respect to momentum. Markets have been volatile and these fundamentally strong businesses with lower growth have suffered due to other better alternatives. But with volatility and fear back, money should rotate here and these stocks should at least play catch up. Stop loss at 41300 and target of 52500.