Rounding Bottom BreakoutPOLICYBZR CMP 1517 Stock sustain above IPO price support at 1170 add deep till 1400 Target OpenLongby tnawale1
POLICYBAZAR at ATHPOLICYBZR has crossed ATH today. Seems good with support below 1350Longby vinithshah9112
Breaking All-Time High After 2.6 Years! Massive Uptrend Ahead! ✅The stock is breaking its all-time high after 2.6 years, signaling a strong upward move. ✅Strong support around 1300 levels due to the previous resistance now turned support. The breakout above the ATH suggests a potential move towards 1950+ levels. ✅RSI is at 67showing strong bullish momentum. MACD histogram is positive, supporting the breakout with bullish signals. ✅Significant volume increase confirms strong buying interest and bullish sentiment, backing up the breakout scenario. ✅The company has shown steady revenue growth and strong profit margins. Its solid balance sheet and effective cost management contribute to financial stability. ✅A leading player in the fintech industry, the company has a strong presence in the Indian market. Continuous innovation and expansion provide a competitive edge. Longby MarketikUpdated 6
Breaking Listing Price + ATH After 2.6 Years With Momentum ✅The stock has been forming a large cup pattern over the past 2.6 years and has recently broken its all-time high (ATH), indicating a potential strong bullish continuation. ✅ Immediate support around ₹1,300, aligning with the upper boundary of the cup pattern. This strong support level provides a robust base for potential upward movement. ✅ Noticeable surge in volume with the breakout above the ATH, signaling strong buying interest and supporting the bullish outlook. ✅ RSI is currently at 68.05, trending upwards and indicating increasing bullish momentum without being overbought. The MACD histogram shows rising bullish momentum, with the MACD line crossing above the signal line, suggesting a buy signal.Longby MarketikUpdated 4
PB Fintech Ltd. ( 15% upside potential) Sector: Multiline Insurance & Brokers as w can see on HTF , price continue to makes new HH & HL and continue to its bullish structure... on DAILY TF price in HTF demand zone and LTF turn bullish... supportive RSI & bollinger band add another confluence to support this TRADE IDEA... swing trader can accumulate this stock for ALL TIME HIGH....Longby RISINGSTONEUpdated 4
PB FINTECH PB fintech on weekly is looking good 1470 is it's all time high and stock created a range near it's all time high resistance so if it breaks 1470 and sustains above the level then we can expect a good movement we can expect 20-30% upside once it sustain above 1470 pre breakout entry level should be 1400 if close above 1400 one can take entry before breakout Do your own research before investing Longby KRISHMACHHAR0
POLICYBZR - 3Yrs Price Discovery & Rounding Bottom PatternSince its IPO back in Nov'21, POLICYBZR has gone through price discovery phase and formed beautiful rounding bottom pattern. On daily TF, this has formed a beautiful range which indicate bullish momentum. At current price, risk in the stock is small with 200-250 points potential. Safe Entry@ 1400+ Risky Entry@ 1370 Support zone - 1300 Targets - 1500/1600/1650 Thanks Piyush Gupta Learn & EarnLongby Piyush-Gupta44215
POLICYBZRThe chart provided is a technical analysis of PB Fintech Ltd. Here are some key observations: ### Current Price and Trend - **Current Market Price (CMP)**: ₹1373.75 - **Price Change**: The stock has increased by 4.34% today. ### Technical Indicators - **Relative Strength Index (RSI)**: 64.41, which is in the upper part of the neutral range, indicating some bullish momentum but not yet overbought. - **52-week high**: The stock is 1.94% below its 52-week high, indicating it is close to reaching its annual peak. - **All-Time High (ATH)**: The stock is 7.01% below its all-time high. - **Relative Volume (RVol)**: 53.33%, suggesting that the trading volume is about half of the average volume. - **Up/Down Volume Ratio (U/D Vol)**: 1.58, indicating more buying pressure than selling pressure. - **Average Daily Range % (ADR%)**: 5.1, reflecting high volatility. - **Average Directional Index (ADX)**: 15.9, indicating a weak trend. ### Support and Resistance Levels - **Support Level**: The recent support level is around ₹1300. - **Resistance Levels**: The stock is facing resistance around ₹1378.60 and ₹1465.30. ### Candlestick Patterns - The chart shows a consistent uptrend from December 2023 to April 2024, followed by a consolidation phase. The recent breakout above the consolidation suggests renewed bullish momentum. ### Volume Analysis - The volume bars show increased activity on certain days, particularly on uptrend days, which supports the bullish trend. ### Summary PB Fintech Ltd is currently in a bullish phase with strong upward momentum, as indicated by the RSI and volume analysis. The stock is close to its 52-week high and has recently broken out of a consolidation phase, suggesting a potential for further gains. Traders should watch for sustained volume and movement above the resistance levels for confirmation of the uptrend. The low ADX indicates the current trend is not very strong, so caution is advised.by rabindra19821
Policy Bazaar giving hints of upsidePolicy Bazaar is giving hints of going up, keep watch, only for education purposeLongby tvihaan070
POLICY BAZAAR - MID TERM ANALYSIS - 2nd June #stocksPOLICY BAZAAR (1M TF) - MID TERM Trade Analysis given on 2nd June, 2024 Pattern: ROUNDING BOTTOM - Monthly Volume Buildup at Resistance - Done ✓ - Monthly Resistance Breakout - In Progress - Demand Zone Retest & Consolidation - In Progress Please Note: - The stock is about 14% away from the IPO Levels - Will look at a partial entry and then pyramid into if it moves in my direction - SL will be paramount since its a risky trade * DisclaimerLongby TradeRyteStockz1
PB FINTECH - POLICYBAZAARPB Fintech Ltd, popularly known as Policy Bazar is India’s largest online platform for insurance and lending products through its flagship brands - Policybazaar and Paisabazaar platform through which they provide convenient access to insurance, credit and other financial products. Overall business: Revenue grew 2.4x in 2 years Consolidated Revenue grew 43% YoY to ₹871 Cr Core Online Revenue grew 39% YoY to ₹593 Cr Lending Disbursal is at an ARR of ₹14,321 Cr Credit cards issued at an ARR of 5.6 Lacs PAT improved by ₹482 Cr YoY to ₹4 Cr (YTD) Cash position improved by ₹204 Cr YoY to ₹5,150 Cr 34% of incremental revenue translated to EBITDA Adjusted EBITDA consistently growing over ₹ 50Cr per quarter YoY India continues to have one of the widest protection gaps 66% of Health expenditure is Out-of-Pocket: Big opportunity for Health insurance Only 3% Life Coverage: Big opportunity for Term Insurance The future is in Tier 2 & 3 cities Longby CannySunnyUpdated 6
Policybazar made a Fresh Demand Zone Policybazar made a great setup for a Short Term Swing Trade with expected approx 10% move which can be trailed further as per risk appetite Longby Bhagesh1082
Amazing breakout on Weekly / Daily Timeframe - POLICYBZRCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!! #No complicated chart patterns #No big big indicators #No Excel sheet or number magics TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME. PS: No new Nifty500 script can escape from me when making a breakout. :-) Longby Yoyohoneysingh930
Policy Bazar: Next possible targets for this yearLooks like Policy Bazar will try to test the following targets, lets see if this happens Target1: 833 Target2: 940Longby udhaya0000Updated 5
Long PB FintechImproving Fundamentals Higher highs higher lows Weekly Holding mid to long term 6-12 months Target 1346 Sl 660Longby MountainWolf4
Time to earn and buy policy from PolicybazarInverted head and Shoulder Breakout is going to happen Buy : Above 804 (minimum 2 hour candle) SL : 695 (daily closing) Target : 947, 1180 RRR : 1:3.5 Use Trailing SL after 1:2 Longby tiwarishivam178Updated 3
Technical view PolicyBazaarHi there, Here is my Technical view on POLICYBZR. In Weekly/Daily TF, it's an clear indication for Cup and Handle breakout. Please suggest your financial advisor before investing. Have a good day!😉Longby vickysharma26033317
Policy Bazarpolicy bazar has recently completed the correction and now we can see impulsive wave also which means the bullish move is confirmed also it has made the correction and now according to my analysis it will get bullish from this point.Longby eku78563
Amazing breakout on Weekly / Daily Timeframe - POLICYBZRCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!Longby Yoyohoneysingh930
policy bazarIn this chart we clearly see that one impulse wave is over ..we can see one big bullish uptrend on upcoming month. It is great stock for swing trading with minimum stoploss .. Disclaimer:- Invest at your own risk,, i am not register with Sebi.. This chart is according to my technical analysis which i learnt from past years Longby sincereLion14981
Price Above 200 EMA ( Policy Bazar )PB Fintech Ltd, popularly known as Policy Bazar is India’s largest online platform for insurance and lending products through its flagship brands - Policybazaar and Paisabazaar platform through which they provide convenient access to insurance, credit and other financial products. PB Fintech also formed a long bullish candle on the daily charts with healthy volumes as the stock gained 10.6 percent at Rs 577, the highest closing level since August 16 last year. Also, the stock has seen a decisive breakout of a long downward-sloping resistance trendline adjoining highs of November 17, 2021, and February 13, 2023, and climbed above all key moving averages. These all shows a positive momentum in this stock, it looks good from here we can expect a rally towards 700+ levels, so if anyone wants to take swing position can go ahead, with given levels on chart. Please guy's if anyone like my effort please like and follow. Thankyou.Longby TraderRahulPalUpdated 8
Policy Bazaar | PB Fintech - Rounding BottomPolicy Bazar Looks good for 1250-1300 with support at 700 While resistance and breakout zone at 812 Longby Nimble_Pesos0