Polycab short termThis is educational purpose only, consisting of Stock market views based on price action, Elliott Wave & Fibonacci. Views expressed here are not for investors/traders. Do your own due diligence before investing/trading.by Sujal_Shah26554
POLYCAB BREA-KING OUT The stock had a reistance at 5732 which is successfully breached today moreover it can be followed by a short rally however on the long run the stock can deliver upto 45% returns and reach till the 7000 mark Longby keshavmaharaj958Updated 113
New Count PloyCabThis is educational purpose only, consisting of Stock market views based on price action, Elliott Wave & Fibonacci. Views expressed here are not for investors/traders. Do your own due diligence before investing/trading.Longby Sujal_Shah26221
POLYCABThis is educational purpose only, consisting of Stock market views based on price action, Elliott Wave & Fibonacci. Views expressed here are not for investors/traders. Do your own due diligence before investing/trading. by Sujal_Shah26Updated 555
Polycab1.Moving averages - 21 Ema above 50 -50 Ema above 200 -Gap between Ema seems better 2.uptrend continues observed 3.Good pivot levelsLongby selvat07Updated 0
Short Term Trading Opportunity in Polycab India for > 10% UpsideHi, NSE:POLYCAB has given a Bullish Flag Breakout on Daily charts with very good volume. MACD is also on the bullish side on daily, weekly and Monthly time frames. RSI is also on the bullish side on daily and weekly time frames. In the current market scenario, I am expecting that the bullish momentum will continue. Complete price projection like entry, stop loss on Daily Closing basis and targets mentioned on the charts for educational purpose. Don't Forget to Subscribe to get all the updates. Please share your feedback or any queries on the study. Disclaimer: Please consult your financial advisor before making any investment decision.Longby raigvivekUpdated 1110
Polycab buy given at 3995 for long term next Target 7000, 7450 Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% .. Please note:- It's working on news based and volitile market very well so exit if SL hitby JaiPrakashShuklaHarmonicTrader0
POLYCAB - Long Setup, Move is ON..NSE:POLYCAB ✅ #POLYCAB trading above Resistance of 6460 ✅ Next Resistance is at 7600 Related charts: Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. 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.Longby Sandeep_Aggarwal11
Polycab India - Long Setup, Move is ON...#POLYCAB trading above Resistance of 6460 Next Resistance is at 8710 Support is at 4210 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. 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.Longby MandeepSinghKohli4
Polycab - Wires & Cables demand in multiple sectorsConcall Polycab...3K Cr Capex over 3Y. A bit towards backward integration(improves efficiency) & FMEG segment Seen 30-40% volume growth in Q4 & last year. Industry at 22% growth No material impact in pricing pressure despite rise in commodities(copper & Aluminium) pricing. Mgmt seems to have witnessed this G8 demand in Infrastructure, Power, Renewable energy, EV, Railways sectors...and so capacity expansion. Seems to be an article published mentioning power deficit in India in June 12-13% consistent margins achievable over long time Distributors playing key role in sales.. Cuz only 10% customers directly buying from company. 89-90% sales is thro' distributors... RDSS govt project open orders close to Rs. 50 Bn FY 23 closed with 18K Cr revenue. Previously set target was 20K Cr top line by FY 26. But this will be revised(increased) by this FY Longby naraykln1
Polycab India - Long Setup, Move is ON...#POLYCAB trading above Resistance of 4210 Next Resistance is at 6460 Support is at 3162 Here is previous chart: Chart is self explanatory. Entry, Resistances and Support 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.Longby MandeepSinghKohliUpdated 5
polycab new athcmp 6155 polycab after q4 results gave breakout from 5950 level if retested this level may act as support for nee ath in upcoming sessions. sl 5900 closing basis note: its a educational idea not a trading idea. trade with your own analysis.Longby radHE_CapstoneUpdated 2
Take Polycab India for short term upside Take entry at cmp 5234 Target 5471 Strong SL 5135 Very Good Q3 result...Be invested.by MVLINDIAUpdated 8
Polycab consolidationIf you look at Quarterly chart, We could see a pattern that after an year consolidation, 100% rise has happened. Could we expect Dec '23 - Dec '24 as consolidation period. Historically, 1st quarter of polycab hasn't performed except last year which was a surprise. Let's see what happens this year. Higher low hasn't formed yet in weekly chart.by narayklnUpdated 1
Potential Breakout: Polycab Indicates Upside Momentum Above 5780Details: Asset: Polycab India Limited (POLYCAB) Breakout Level: Sustaining above 5780 Potential Target: Upside momentum expected Stop Loss: Below breakout level or as per risk tolerance Timeframe: Short to medium-term Rationale: Polycab India Limited (POLYCAB) is showing signs of a potential breakout above the 5780 level. Sustaining above this level could indicate a bullish sentiment shift and pave the way for significant upside momentum. If the breakout is confirmed and sustained, POLYCAB may experience a substantial upmove. Market Analysis: Technical Breakout: A sustained move above 5780 would suggest a technical breakout, attracting buying interest and potentially driving the price higher. Market Sentiment: Positive market sentiment or company-specific factors may be contributing to the anticipated breakout in POLYCAB. Price Target: The potential upside target for POLYCAB is not specified but is expected to be significant if the breakout sustains. Risk Management: Implementing a stop loss strategy below the breakout level is essential to manage risk in case of unexpected price reversals. Timeframe: The projected upside move for POLYCAB is based on a short to medium-term outlook, but actual timing may vary based on market dynamics. Risk-Reward Ratio: Consider individual risk tolerance and adjust position size accordingly to maintain a favorable risk-reward ratio. As always, conduct thorough analysis and consider factors such as market trends, company fundamentals, and risk management strategies before making trading decisions. Longby CyborgTradingHub0
This stock can go upto 30%!!!Yes, As per my technical analysis If any stock which trade over RSI 65. it will go up by 30%. Same situation happens in Pollycab. Polycab gives breakout with RSI in last month. also it generates the cup pattern. So the target will be 6818 and 7264. Longby kanangandhi93117
Use this rally to exit!!Polycab- CMP -5267 Elliott- The first sharp fall in this counter is just one leg of the corrective pattern called zig-zag. The B leg which is with the trend is offering u an opportunity right on the highs to exit. The C leg will now being and this will come down minimum to 3480. In my view 2300 is a high probability. The short term charts are also set for a fall. Conclusion- book ur profits here coz a deep fall in this counter is about to begin.Shortby singh17vivek113
Polycab bearish viewPolycab looks bearish and Polycab in swing bearish. Looking for a short trade. Shortby KaushalG24Updated 110
POLYCAB for 10KPolycab after all negative news, and good doji at weekly time frame. All set for 10K isn't so?Longby TradeSharkHedge112
policab bearish flag raising wedgepolicab done a great gap filling work and formed a raising wedge pattern in daily chart. the stock may fall in upcoming days. This analysis is for learning purpose only. It is just a view, please trade at your own risk. I'm not SEBI registered adviser.Shortby johnjen20883
Support to resistance in polycab20 week ma also acting as resistance. Clear sell signal in polycab For people holding this is exit opportunity. Shortby yndesai1
Polycab wave X completedThe stock completed corrective move of a correction wave X, now I think its going to resume its fall towards 2500 as wave Y. Let's see how it unfolds. This is only for study purpose, not suggesting to trade or invest. Shortby Sujal_Shah263
POLYCAB | BUY ON DIPS FOR BIG UPSIDEPolycab gave sharp fall from 5700 odd levels to 3800 due to some news but then we saw consolidation at lower levels and again getting ready for big upside targets. Buy on dips, 4280 - 4230 is first support zone and then 4050 - 4000. Accumulate for expected target of 5000, 5400 and above. Please like the idea If you agree with the analysis, your like will motivate us to share more ideas on Tradingview. Happy Trading! InvestPro India Longby InvestPro_India1114