As you can see in the chart stock touch the 275 two times and then break the support in the past.
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Again stock is trying to repeat history, POLYCAB two times touched the level 275.
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So for tomorrow if stock goes up and then again make a red candle you can short this trade for the target of 2335.
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What's your view on this comment below in the box
NSE:POLYCAB
Good to add around 2460-2475 and hold for the target of 2600
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Tele-Gram
Trade Secrets By Pratik
98-23-455-455
Cup and handle breakout at all time high is done now time to retest the breakout. buying on dips suggested
Good support or buying zone is in b/w 2250-2300.
Target 2500,2900,3000++++
Avoid below 1760.
Disclaimer: Chart is being prepared only for educational purpose.
#polycabindia momentum breakout
momentum and trend indicators indicate bullishness on all timeframes.
momentum seen breaking out of a parallel channel with large volumes too.
bullish divergence currently being played out has met the target on last move
and need give some space since diluted momentum divergences exit at the same
time.swing trade and entry only if...
Continuously making HH structure
Inverse Head and Shoulder Breakout
Good fundamental stock for positional purpose.
Buy at cmp and
Add on dips till 1920-1940 level
Sl 1860
Tgt 2080 2150 2200++
