Intraday trade watch for range breakoutbuy above 1760 in Intraday
keep stoploss at 1735
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.
POLYPLEX
Polyplex - Upward ChannelChart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
FY21-22 Swing Trade Idea #11 : Long on POLYPLEX 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. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
Polyplex, Will it breakout ?Polyplex Monthly chart
Company has Good fundamental
In sideby since 2017, trading inside mother channel.
Good to notice it has not fallen much as compared to other small caps stock in the previous years (2017 - 18) bear market.
On monthly chart RSI BO is seen.
Will this give price breakout for new highs?