Stock good for short term investments. DISCLAIMER - Analyse by yourself before investing. Do comment and suggest if corrections needed. HAPPY TRADING.
Polycab 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!!!
Note: 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...
polycab 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
Hi 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.
Super Breakout.. !!! Bought at 1400.. can do awesome in coming weeks
The 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 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.
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
Self Explanatory. ***** Help Me to Help Us. I believe in keeping the chart simple with minimal drawings & easy to interpret. Always keep a stop loss to rescue you out of troubles. So kindly express any disagreement & improvements so that we learn & earn together. Please support the effort and appreciate it with a Like if you felt it deserves it and Following me...
NSE: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.
= Bullish Pennant formation =Retesting with 50% less volume Stop loss : 930 Target: 1118 Purchase 30% Qty at current price and 70% Qty above 976