POLYCAB breakout ConfirmationPolycab channel breakout and confirmation over the breakout zone. SL below the channel upper TL on clb. Looks strong for swing traders.
POLYCAB
Can it go into a new trajectory?Trendline breakout + Big Volume clusters + To catch up with Havells & Polycab?
#polycabindia momentum breakout in progress#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 any retracement comes and 2030
is a resistance zone from where it breakout should be stoploss
Polycab - Inverse HnSContinuously 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++
one more F : POLYCAB IS READYour fav patten F is clearly visible on the chart.
keep target open and 1 candle low is stop
only for study
POLYCAB - showing signs of upward move Polycab - after a correction showing strong upmove. Another session of buying could move it to all time high.
#HAVELLS CMP 1046.70 Target 1216(15+%) #banknifty #nifty #equity#HAVELLS
NSE: HAVELLS
CMP 1046.70
Target 1: 1215+
SL 999
Time Frame < 2 months
Can hold the stock after booking at 1215> might rally ahead.
Factors:
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia
POLYCAB - oversold Polycab - accumulation zone. Unless crosses 1860 decisively , it will be in the zone. Good for accumulation.
Polycab will show some correction keep SL AT 20EMAPolycab
will correct in the comming days wait for correction
Keep sl at 1850
POLYCAB WITH BULLISH CONFIRMATION.Stock good for short term investments.
DISCLAIMER - Analyse by yourself before investing.
Do comment and suggest if corrections needed.
HAPPY TRADING.
POLYCAB side ways move saturated - potential to breakoutPolycab seem to be saturated from last 5 days, no major move (less than 1%). MACD and volumes indicators too dying out, suggest loss of momentum.
it will possibly breakout and move up the trend.
watch out!!!
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...
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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...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading.
Intraday Trade: watch for resistance breakoutpolycab can break swing high which works as resistance
buy above 1700 and sl 1675(previous day closing)
avoid if gapup or bo happens before 9:20
Polycab broke the pattern for long on daily and hourly chartHi Guys,
I have been following the polycab for long time and it has broken the trend in last week. If it comes back to support, we may buy it for swing trade. Only for educational purpose.
POLYCAB SHORT TO MEDIUM TERM IDEASuper Breakout.. !!!
Bought at 1400.. can do awesome in coming weeks
Consolidation breakout polycabThe stock of Polycab is consolidated in the range of 1340-1380 from the last six weeks. We are expecting the breakout in the range of 1382-1384 in the same, which can lead the price to the level of 1445-1450 the stop loss should be 1344.95 for a long trade.
