This is educational purpose only, consisting of Stock market views based on price action, Elliott Wave & Fibonacci. Views expressed here are not for investors/traders. Do your own due diligence before investing/trading.
cmp 6155 polycab after q4 results gave breakout from 5950 level if retested this level may act as support for nee ath in upcoming sessions. sl 5900 closing basis note: its a educational idea not a trading idea. trade with your own analysis.
Concall Polycab...3K Cr Capex over 3Y. A bit towards backward integration(improves efficiency) & FMEG segment Seen 30-40% volume growth in Q4 & last year. Industry at 22% growth No material impact in pricing pressure despite rise in commodities(copper & Aluminium) pricing. Mgmt seems to have witnessed this G8 demand in Infrastructure, Power, Renewable...
#POLYCAB trading above Resistance of 4210 Next Resistance is at 6460 Support is at 3162 Here is previous chart: Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your...
Hi, NSE:POLYCAB has given a Bullish Flag Breakout on Daily charts with very good volume. MACD is also on the bullish side on daily, weekly and Monthly time frames. RSI is also on the bullish side on daily and weekly time frames. In the current market scenario, I am expecting that the bullish momentum will continue. Complete price projection like entry, stop...
Take entry at cmp 5234 Target 5471 Strong SL 5135 Very Good Q3 result...Be invested.
If you look at Quarterly chart, We could see a pattern that after an year consolidation, 100% rise has happened. Could we expect Dec '23 - Dec '24 as consolidation period. Historically, 1st quarter of polycab hasn't performed except last year which was a surprise. Let's see what happens this year. Higher low hasn't formed yet in weekly chart.
The stock had a reistance at 5732 which is successfully breached today moreover it can be followed by a short rally however on the long run the stock can deliver upto 45% returns and reach till the 7000 mark
Details: Asset: Polycab India Limited (POLYCAB) Breakout Level: Sustaining above 5780 Potential Target: Upside momentum expected Stop Loss: Below breakout level or as per risk tolerance Timeframe: Short to medium-term Rationale: Polycab India Limited (POLYCAB) is showing signs of a potential breakout above the 5780 level. Sustaining above this level could...
Yes, As per my technical analysis If any stock which trade over RSI 65. it will go up by 30%. Same situation happens in Pollycab. Polycab gives breakout with RSI in last month. also it generates the cup pattern. So the target will be 6818 and 7264.
Polycab- CMP -5267 Elliott- The first sharp fall in this counter is just one leg of the corrective pattern called zig-zag. The B leg which is with the trend is offering u an opportunity right on the highs to exit. The C leg will now being and this will come down minimum to 3480. In my view 2300 is a high probability. The short term charts are also set for a...
Polycab looks bearish and Polycab in swing bearish. Looking for a short trade.
Polycab after all negative news, and good doji at weekly time frame. All set for 10K isn't so?
policab done a great gap filling work and formed a raising wedge pattern in daily chart. the stock may fall in upcoming days. This analysis is for learning purpose only. It is just a view, please trade at your own risk. I'm not SEBI registered adviser.
20 week ma also acting as resistance. Clear sell signal in polycab For people holding this is exit opportunity.
The stock completed corrective move of a correction wave X, now I think its going to resume its fall towards 2500 as wave Y. Let's see how it unfolds. This is only for study purpose, not suggesting to trade or invest.
Polycab gave sharp fall from 5700 odd levels to 3800 due to some news but then we saw consolidation at lower levels and again getting ready for big upside targets. Buy on dips, 4280 - 4230 is first support zone and then 4050 - 4000. Accumulate for expected target of 5000, 5400 and above. Please like the idea If you agree with the analysis, your like will...
Polycab gave big gap-down due to some news and formed a bearish pattern. Sell around 4450 for the downside targets of 4050, 3820 and 3565 until 4655 is intact on the upside. Please like the idea If you agree with the analysis, your like will motivate us to share more ideas on Tradingview. Happy Trading! InvestPro India