𝗦𝘁𝗼𝗰𝗸𝘀 𝘁𝗵𝗮𝘁 𝗜 𝘄𝗼𝘂𝗹𝗱 𝘁𝗿𝗮𝗰𝗸 𝗶𝗻 𝘁𝗵𝗲 𝗰𝗼𝗺𝗶𝗻𝗴 𝘄𝗲𝗲𝗸 ⬇️ 2. POLYPLEX
Classic double bottom chart pattern formed in Polyplex. Price has corrected from top and after 2 years forming a bullish reversal chart pattern called double bottom. Double bottom is a bullish reversal pattern is forming after a strong downtrend. Price is printing lower top and lower bottom and finally price has settled at 760. Twice touch bottom at 760 formed a...
📊 Script: POLYPLEX 📊 Sector: Packaging 📊 Industry: Packaging Key highlights: 💡⚡ 📈 Script is giving breakout of Double Bottom Neckline on daily chart. 📈 Script is trading at upper band of BB and giving breakout of it. 📈 Already Crossover in Double Moving Averages and MACD. 📈 Right now RSI is around 72. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 995 🟢 Target 🎯🏆 -...
Polyplex double bottom player with bullish rsi divergence can look for 1370-1380 in coming days with stop of 1090 on daily closing basis dc : only for educational purpose
Polyplex has seen 66% retracement of rise from march 2020 bottom & after that we saw 1st 5 waves rise from 1100 to 1630 which has also done almost 66% retracement now todats move looks like reversal candle & it can touch 1900+ levels view invalidates below 1275. Not a SEBI registered analyst chart shared for education puprose only
Clean 5 wave rise from 1101 Subsequent fall stopped at 66% Today's Price action indicating strong reversal On the upside 1490-1520 will be important range to cross Lets see how this develops
Buy for 1490 Target with 100 SL OPackaging stocks have been hammered a lot... with minor Debt Equity ration and good dividend yield results will be better
BOPP and BOPET prices have bottomed out and also Asceptic and Flexible packaging sales are at ATH... its Enterprise value is as follows Year FY 23-24 Sales 15,000 EBITDA Margin 13.5% EBITDA 2,025 EV/E multiple 4 Market Cap 8,100 Debt ...
POLYPLEX trading in a channel. Took support and moving towords the resistance. THIS IS FOR EDUCATIONAL PURPOSE NOT AN RECOMMEDATION
VERDICT POLYPLEX Retracing from Long Term Support Fundamentals Very Strong , Big Rumors Indicators Bullish T1 1805 T2 1925 SL 1700 Only For Study Purpose
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. ...
Resumes the ride Retest Entry Shunted further Enters Q1 RRG HTF in momentum
Polyplex corp has hit a new 52W high, and breaking out from the resistance. Watch for further up move till the long-term trending resistance line. Please follow like and share for more updates
I will buy Polyplex because : HIGH PROBABILITY TRADE It has been taking support The price has broken the resistance twice and looks bullish So will be looking at buying opportunities. Entry : 2100 Target : 2592 Stop loss : 1955
Breakout with very high volume in Polyplex Corporation Limited
Stock to see some down side move before we see goo Levels above the All time high .
Polyplex All Time High Breakout Refer chart for Profit, Stop Loss and Target
It has 2 gap left on daily chart and now it's overbought. It may prefer to go both price as well as time correction. It has presence into EV indirectly so don't expect major correction