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
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.
Polycab - Intraday Good bet after good resultsPolycab India has declared a good result.
On 15 min chart it is showing strength and can touch the target of 1320-1340 levels in intraday.
All levels are mentioned on chart.
DISC: For educational purposes only.
Poly cab-2% upside 1.Warnings:
*Not a reco*
This is my first set of analysis.
2.Analysis
* triangle pattern formed on polycab on 30 mins chart.
*upside-1.5-2% if there is sting breakout
*2 watch out on 3rd sting breakout
POLYCAB - Ride the ChannelSelf Explanatory.
*****
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POLYCAB for longNSE:POLYCAB Consolidation of over a month and volume activity is seen and BO of penant.
One can go long with SL of 910 for target of 1000, CMP 940. Rhis idea is offering good RR.
Polycab 18% upside target= Bullish Pennant formation
=Retesting with 50% less volume
Stop loss : 930
Target: 1118
Purchase 30% Qty at current price and 70% Qty above 976
Polycab for shorttermPolycab is currently trading at price point where we have long term and short term supports
Trade based on the price action
Polycab a longterm buyPolycab looking interesting at this price point for longterm also it has good risk to reward ratio
Price is plotted on the chart
