Bearish On Page Industries

-Stock breaking down from another bearish pennant.
-Formed a bearish engulfing candle.
-Trading in a pretty narrow range inside the pennant. Suggests an explosive move is around the corner.
-Indicators look bearish.
-Stock has performed badly in the recent market selloff and Nifty's chart looks bearish as well.
-Expecting it to retest the cup & handle breakout area very soon.

Not an investment advice. Do your own due diligence.