POLYCAB INDIA LTD-High Volume break out.-Trading with above MA

The chart is self-explanatory. There is a high volume breakout and Trading above 200MA - 150MA - 50MA.
The level is currently consolidating at the stage 2 level. So, there is a high potential for upward movement.

Trade with Stop Loss

Note

Stop Loss may at 4300 for short term of 3month (6% from the analysis)

Trade active

There is a strong breakout.

Note

Trail stop Loss & trading with 13% High

Trade active

Trail stop Loss & trading with 16% High

Trade closed: target reached

The chart is self-explanatory and shared chart for educational purposes.
14% upper side

NK-PK

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NK-PK

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