POLYCAB - CUP & HANDLE PATTERNwe can see cup and handle pattern in Polycab. Positional Trade.
Entry - 2755
Target - 2950 , 3200
Sl - 2680
(Trade at your own risk. Educational Purpose Only)
POLYCAB
watch for range breakoutbuy above 2772 in Intraday
if opens between 2755 and 2700 then can take risk on breakout of 2755 but this will be a risky buy.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
Polycab India Ltd view:Polycab Weekly consolidation.
Looking good for long above 2770 level.
For swing.
Polycab breakout after 7 month consolidationPolycab chart pattern given breakout after consolidation and close its resistance level. buy for 17-20% return with stop loss 2575
Polycab - Ascending Traingle Plus Darvas Box BreakoutPolycab is on the verge of breakout..!
It was trading in the box for a long time now it's ready for its next move.
Expect around 10 to 15% from CMP of 2600..!
POLYCAB INDIA SWING TRADEHello, 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. NSE:POLYCAB
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalPOLYCAB INDIA
Stock trading in a range from almost last 7 months
Swing Buy Above 2470 for targets of 2500-2550 levels keep SL of 2425 on DCB.
Can also hold positionally
Intraday players can target for 1-2% with SL from 5min chart
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
POLYCABNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy trading
POLYCAB BREAKOUTPOLYCAB BREAKOUT : keep close sl. profit qtr to qtr is bit low though reported highest ever sales. trade with close monitoring.
Polycab - Strong BreakoutThis is 4th attempt to cross this range of price. RSI is also improving and volumes are also picking up. This could be a breakout after September 2020.
Resistances: 2648, 2710, 2825
ATH Breakout in PolycabStrong breakout in polycab making new ATH with Supporting volume bars. A retest entry would be idle for swing traders.
POLYCAB ATH breakout!!Polycab has give a breakout with great volumes!
Please do your own analysis before making any decisions and also let me know if I missed something.
Let's learn together.
Polycab BreakoutPolycab has broken out of its long time range and the stock can give tremendous returns from these levels. Keep a stop loss at Rs.2530 for this one and the stock should show tremendous gains in the coming weeks in my opinion. Very clean breakout.
POLYCAB- BREAKOUT WITH HIGH VOLUMEBreakout happened with huge volume we can see a upside , if gives a retest , opportunity again :)
NSE:POLYCAB
Note: Only for educational purpose, not any buy/sell recommendation
🎯 POLYCAB IS WAITING FOR A BREAKOUTNSE:POLYCAB
🔴PLAN A :
Price needs to break out
from the pattern and should
close above 2585 to buy
🔴PLAN B :
Wait for the price to come
down to the demand zone
and place a buy order to go long
🔴 DISCLAIMER : This is just for educational purpose. Do your own analysis.🔴
Polycab - Long SetupAll levels are mentioned on the chart.
Only for learning and sharing purposes, not a bit of trading advice.
All the best.
POLYCAB - Pullback TradePOLYCAB
Buy-Above 2410
Sl-2375
T-2324 2563
It can be traded in intraday and can be carry forwarded for the next trading session.
POLYCAB - Looking strong to move higher Polycab - polycab looking strong to push higher after some correction. One more decisive buying will push prices higher.
NSE:ICICIBANK LongNSE:ICICIBANK
NSE:AXISBANK
NSE:POLYCAB
NSE:IRCTC
#ICICIBANK Shared today and 820 CE option bagged 38K alone, Just 100 % Returns !!
Option call E@ 30 and reached to 58 = 28 Points * 1375 per Lot = 38,500 gains Per LOT !!
Other Scripts shared and resulted...
#IRCTC - 11%
#AXISBANK - 5.5%
#POLYCAB - 4%
Happy Trading !!!
Polycab India strong breakoutCup 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.
