rommy5

POLYCAB INDIA SWING TRADE

Long
NSE:POLYCAB   POLYCAB INDIA LTD
Hello, polycab mid-term swing trade buy: 2,440 targets: 2,620/2,770 stoploss: 2,360.

LOGIC BEHIND TRADE: Stock has formed W pattern on 1D chart & given breakout of resistance (breakout buying) (targets identified from harmonic xabcd pattern level 1.131/1.618) stoploss is taken low of resistance candle. Above 2,620 stock can go upto all time high. POLYCAB
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