Polycab multi support resistance Breakout on daily chart.. Polycab breaks it's multi support resistance zone on last trading session. It is expected to move further and a good swing opportunity...
My call is Long @ 2710 keeping the SL @ 2600.
POLYCAB
Cup & handle formation on Polycab India Ltd (Polycab)After a year long consolidation, we can see a formation of a cup and handle pattern and an ideal buying zone for this stock.
Initial target: 3330.
Stop loss: 5-8%
Note: Personal analysis. Not a buy/sell recommendation. Do consult your investment advisor.
****POLYCAB LTD BREAKING OUT*****POLYCAB LTD. BREAKING OUT third resistance has been broken will it sustain and continue its Trend.
YR 2022 Idea #169: Long on POLYCAB withThis is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
POLYCABNSE:POLYCAB
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
POLYCAB Long SetupPOLYCAB Can go long at 2480 with stop loss of 2360 for the target of 2600 & 2720 & 2840.
Disclaimer - If anyone make any position at F&O based on this view should solely responsible for the outcome of that trade.
Polycab BreakoutPolycab got brekout from resistance zone looks goood for long entry near 2503 with sl below 2490 15 minute closing basis.
POLYCAB - Long-term Trend analysis POLYCAB - Long-term Trend analysis
1. On a weekly timeframe excellent breakout occurred.
2. Expecting some retracement, once It's done it will fly to all-time high.
3. For short-term swing traders 2700 is the first target.
4. For the swing traders, it will hit a 2810 all-time high.
5. For long-time swing traders, once it one and close above 2810 the target will be 4000. It may be the next Jesse Livermore stock.
6. Strong support at 2300.
Note:
1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...
My view on PolycabPloycab giving trendline breakout.POLYCAB above 2290
TGT 2340-2360-2400
in very short term
We are keeping on radar Polycab 2300 CE (August)
POLYCAB - 2250 is crucial Polycab - looking good to rally but 2250 is crucial to watch. Need another strong buying to rally.
YR 2022 Idea #83: Long on POLYCAB This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
POLYCAB- NEGATIVE BREAKOUTPolycab india now given a negative breakout with rsi negative divergence too looking for short or buy on support
BEAUTIFUL SYMMETRICAL TRIANGLE Perfect lower highs and higher lows. Expecting a terrible breakout in the upcoming week.
POLYCAB - Looks strong for an upmove Polycab - looking too good for an upmove. Could cross 2800 if market supports.
Long position in Polycab. Expectation of good results. Share with strong fundamentals. Expecting a turn around after high volume selling. Looking poised to turn around and go longer to make to make new highs.
*Not an investment idea, only for educational purpose*
Keep this under radar to go on for some good gains here.
POLYCAB - FRESH ATH CLOSE - BULLISH SET-UPMore detailed marking of zones. Perfect chart for understanding Accumulation and Distribution, Support and resistance, Cup and Handle Pattern
PolyCab Chart Analysis !!📈 PolyCab 📉
My Findings :-
1. Breakout from a Consolidation Zone of Six Months.
2. Higher High and Higher Low formation.
Bias- Long
Target- 2950 and 3200
SL- 2538
RR- 1: 2.5
All Important Supports and Resistances are drawn in chart.
All levels are of Spot and on closing basis.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Polycab India Ltd (Polycab) : Cup and handle and breakoutAfter forming a cup and handle pattern, the stock price is setup nicely at the buy zone above the breakout level of 2730.
Medium term target of 3276.
Trigger SL if price breaks down below 2543.
Not a buy/sell recommendation
Rectangular Channel Breakout : PolyCabRectangular Channel breakout in PolyCab. Positional Target of Rs. 3390 with Risk & Reward ratio of 1:1.
YR 2022 Idea #51: Long on POLYCABThis is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
